Excellent Investment Opportunity In Retail Center and Office Building - Rental Yield: 11.6%
This property offers Tenanted Retail Space and also hosts Offices on the first floor.
-All figures below exclude VAT:
With a Netto Monthly Income: R 135 294
Netto Annual Income: R 1 623 528
and Sales Price: R14 000 000
Rental Yield: 11.6%
Costs and Income as received from Landlord as Follows:
Monthly Income R 139 780 (Excluding R&T and Utilities)
Insurance and Sasria: R 2 986 (insured for R32 125 500)
Maintenance: R1 500/month in-house (R18 000/annum)
Rates and Taxes: By Tenants R17 090
Electricity: By Tenants R29 950
Water: By Tenants R9 895
Sanitation: By Tenants R2 252
