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R 1 695 000 Bond Calculator

Commercial Property for Sale in Forest Hill

17 Gabriel Road, Forest Hill, Johannesburg


Commercial Property for Sale in Forest Hill

17 Gabriel Road, Forest Hill, Johannesburg

12 6
Erf Size: 495 m²

6x2 Unit Apartment Block for Sale – Forest Hill, Johannesburg

A well-maintained, investor-friendly apartment building situated in a secure and convenient area of Forest Hill is now available for sale.
The property consists of 6 x 2 Bedroom apartments, each featuring: lounge and kitchen, Bathroom with bath, basin, and toilet

The building benefits from:

Secure parking for tenants
Pre-paid electricity in every unit
Sewerage and Refuse billed directly to tenants
Water consumption split amongst the tenants

Current Rental Income:
Each unit rents between R3700 and R4500 per month, delivering a total monthly rental income of approximately R24000.

This is a low-maintenance investment property with strong rental demand in the area.
The building is well looked after.

Expenses:
Rates and Taxes - R1988.49
Insurance - R1200
Managment - Suggested but Optional.

* Serious buyers only.
* Proof of Deposit Nessesary
* Viewing by appointment.


Property Overview

Listing Number
117084915
Type of Property
Commercial Property
Street Address
17 Gabriel Road, Forest Hill
Erf Size
495 m²
Floor Area
495 m²
Rates and Taxes
R 1 988
Zoning
General Residential

Facilities

Bedroom
12
Bathrooms
6
Kitchens
6

External Features

Parking
6

Other Features

Nearby Public Transport
Bus, Minibus Taxi

Education

The Mossie Primary School
0.24km
Hoërskool Die Fakkel
0.36km
Laerskool Voorbrand
0.64km
Forest High School
0.80km
Park Junior School
0.88km
Kenilworth Secondary School
0.96km
Park Senior School
1.16km
Tambotie Preparatory School
1.19km
Forest Hill Primary School
1.22km
Townsview Primary School
1.53km
Turffontein Primary
1.55km
Rainbow Lower Primary School
1.67km
Sir John Adamson High School
1.81km
Horizon International High School
1.82km
Rosettenville Central Primary School
1.91km
Glenanda Primary School
2.23km
Abbott'S College - Johannesburg South
2.23km
Alpha And Omega Christian Academy
2.25km
Mary Help Of Christians Junior Primary School
2.34km
Robertsham Primary School
2.45km
Falcon Private School
2.49km
Verney College
2.50km
Winchester Ridge Primary School
2.58km
Highveld Primary School
2.68km
Edumore Christrian Academy
2.69km
Laerskool Theo Wassenaar
2.84km

Food and Entertainment

Boston BBQ
2.92km
Steers
2.94km
KFC
2.95km
Lyric Theatre
2.96km

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