2 Bedroom Apartment For Sale in Boston

R 785,000

Can I afford this?
6 months ago436 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):74
Parking:Covered
Description
Exclusive Sole Mandate - Spacious, BIG & solidly built 2-bedroom apartment in Weltevreden Court complex, Boston, Bellville FOR SALE for R785000 (only off-street parking bays available)

This very spacious, 2-bedroom apartment of yesteryear is situated in the ever-popular Weltevreden Court complex in Weltevreden St, Boston, Bellville. The complex offers beautiful tree filled and manicured gardens with designated secured parking and has top-notch security features to ensure peace of mind living. The complex is conveniently situated in walking distance to shopping centres, restaurants, medical facilities, schools and the Bellville general business centre. The main taxi route is also within 5 minutes' walk if public transport is needed

When entering this 74sqm, 2-bedroom apartment, situated on the 1st floor, it feels as if you are entering a time bubble. The old-world charm of the late 1970's (when it was built) is still evident. With minor alterations and modernisation this property can be converted into an amazing new age unit. A wall separates the formal kitchen from the HUGE combined dining and living area. By removing that wall and by creating an open plan, free flow and modern kitchen it would change the whole look and feel of this amazing property!! A door leads to a balcony that overlooks the gardens and beyond. The apartment furthermore has an old-style bathroom and 2 well-spaced bedrooms with ample cupboards. NOTE : OFF-STREET parking bays are situated outside the perimeter fence of the complex and are occupied on "a first come, first serve" basis. If you are an investor or a first-time buyer grab this opportunity to become the proud owner of this beautiful apartment. The current potential rental income is between R7500 - R8000/mnth which will cover almost 95% of the monthly bond repayments pending on the rental interest rate you'll secure from the bank of your choice. As it is priced below the current market value it will attract keen interest so give me a call to arrange for a private viewing

Property Reference #: RL13482

Agent Details:
Jacques Le Roux
Meridian Realty Pty Ltd
Office 12
The Woodmill Lifestyle Centre
Vredenburg Road
Devonvallei
Stellenbosch
7600

Id Subtitle 1239699892
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Estimated monthly repaymentR 8,508
Total property loan amountR 785,000
Total interestR 1,256,705
Total repaymentR 2,041,705
Interest rate at 11.75% for 20 years *
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Meridian Realty Pty Ltd
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