Navigaton : Home / Catalogue

Located In Primrose Germiston


Sale Reference : 38

By Appointment

Sole Mandate

Fully Let In A Prime Location Of Primrose

A Good Buy Comes To The Market
Close To Highways, Schools & Shopping Centres

Stand 661 and 662 Primrose

2 Rietfontein 961m2
4 Rietfontein 808m2

Buildings consists of the following:

20 x 2 room flats with
Seperate kitchen
Seperate bathroom
Separate entrance hall

1 x bachelor flat
1 x 3 room flat
21x single garages used as rental rooms.
2 x Retail shops

Income and Expenses.

20 x 2600 rent = R52 000
1 x 3 bedroom = R 3 000
12 X Garages = R12 000
Shop 1= R3 800
Shop 2= R 5 000
Total Income = R75 800pm

Rates etc :R 4 600
Salaries Caretaker: R4 000 pm
cleaner: R 2 500 pm
Cleaning materials :R1 000pm
Total : R12 100pm
Nett pm R63 700.00

Water & Electricity charges seperate
Rental increases due
All units are occupied

2 & 4 Rietfontein Road Primrose


For More Information.
Contact : Stephen
Telephone : 082 577 9737
Email :

For detailed terms, conditions and registration information click on the link below.
Terms, Conditions and Registration Details.

Related Adverts

The Orchards - Sectional title unit
The Orchards - Sectional title unit
Upper level sectional title unit comprising an open plan lounge and kitchen, two bedrooms and family ...
Urgent Pre Auction - Commercial Property
Urgent Pre Auction - Commercial Property
This beautiful stand alone office in the heart of Rooishukraal is ideal for owner occupier and can b ...
Deceased Estate: JA Du Plessis
Deceased Estate: JA Du Plessis
Duly instructed by THE EXECUTOR, we will offer for sale by way of public auction. ON SITE; SS Leo ...

Contact Details:
Telephone : 011 789 4375
Email :

Unit 10 Ferndale Mews North
Corner Oak and Dover Road
  • Member of South African Institute of Auctioneers.
  • Member of National Auctioneers Association.
  • Member of Johannesburg Chamber of Commerce and Industry.
  • Member of Insitiute of Estate Agents of South Africa.
  • Level 2 Certificate in terms of the current BBBEE Framework.
  • Copyright Park Village Auctions 2018.