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112 Lindhorst Street, Kenilworth, Johannesburg, Gauteng
R 4 049 000
A well-positioned residential block in Lindhorst, Kenilworth offering solid rental income and excellent investment potential. The property comprises 9 flats, generating a steady rental income of R45 000 per month. In addition, the building includes 3 rooftop rooms (currently occupied by the caretaker), adding further flexibility and potential for extra rental income. The property is secured with 24-hour security, providing peace of mind for both tenants and investors. This is a rare opportunity to acquire a fully-tenanted block with consistent returns in a sought-after area.
Estimated monthly repayment
R 38 236
on a R 3 644 100 bond over 20 years at 11.25%
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112 Lindhorst Street, Kenilworth, Johannesburg, Gauteng
Listed by
Ayanda Mthembu
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