Commercial Property in Flamwood For Sale

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Description

Block of Flats for Sale - Prime Investment Opportunity in a Popular Suburb

This well-maintained block of flats is located in one of Klerksdorp's most sought-after residential areas, offering investors a reliable income stream and solid long-term value growth.

The property consists of four fully-let units, each with neat finishes, tiled living areas, and secure parking. Low maintenance.

With a monthly rental income of R17 700, this is an ideal turnkey investment for those seeking stable returns with minimal management hassle.

FINANCIALS

Sales Price: R1,850,000

Monthly Rental Income: R17,700

Annual Rental Income: R17,700 × 12 = R212,400 per year

RETURN ON INCOME GROSS

= 11.48% gross annual return

SUMMARY TO INVESTORS

Gross Annual Return: ± 11.5%

REXIBEX INVESTMENTS (PTY) LTD trading as REMAX Exclusive (Klerksdorp) operates in terms of a franchise agreement with REMAX of Southern Africa.

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REXIBEX INVESTMENTS (PTY) LTD trading as REMAX Exclusive (Klerksdorp) operates in terms of a franchise agreement with REMAX of Southern Africa.