Entire block flats generating a rental income of R187,000 per month For Sale in Sunnyside for R13,950,000. Troydene is a “full title†property belonging to one Owner and the block contains 47 individual apartments. Income and expenses: Rental income: R187,000 per month. Expenses (per month): Levy: R2,282, Rates and Taxes: R8,485, Management and Rent Collection: R12,346, Bond repayment @10.5% (30 year term): R141,633. Net income after all expenses amounts to R34,497 per month!
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