Portfolio consisting of nine upmarket furnished apartments in the Sandton area, leased under a corporate agreement with an international tenant for around 12 years. The apartments are fully furnished, including all furniture. This investment presents a low-risk, passive opportunity with a guaranteed monthly rental income.
Gross Income - R1539340.00
Annual Expenses - R358312.20
Net Income after expenses - 1180727.80
For further details, kindly reach out through the provided form.
Asking price: R13,5 million, inclusive of furniture and inventory.
This investment if for an investor who is cash flush and wants a low risk investment. If you are trying to borrow the full amount from a finance house then this investment isn't for you.
The buyer will enjoy guaranteed rental income monthly and capital appreciation on the properties. An option to for us to manage the properties for the buyer monthly is available.