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Bachelor Flat in Midrand , R 735 Pos Cashflow , REF: 15051

Price R 299,000
Rental potential 3600
Rental Yield 14%
Levy R 700
Cash flow + R 735
City Johannesburg CBD
Suburb Midrand
Street Alsation Road
Block Masingita Village
Type Flat
Bedrooms Bachelor
Bathrooms 1
Parking 1 secure bay
Size 24 sqm

Full Description Neat bachelor unit situated in Masingita Village which is next door to the Midrand Graduate Institute. This deal offers a positive cashflow of R735. The complex is used as student accommodation with high rental demand due to its location which is also minutes from the Midrand Gautrain Station. There are 2 students currently paying a rental of R3600 in the unit. Complex is well managed by Trafalgar with 24 hr security guards and one secure parking bay.

 Call Stuart Purdon on
071 298 2714

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  • 24 hr Security
  • Block is financable
  • Built in Cupboards
  • Healthy Block Financials
  • Remote Security Gate