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Beautifully Quaint Second Floor Loft Apartment
R 540,000
Can I afford this?
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16 days ago54 views
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General Details
Location:
For Sale By:Agency
Available From:29/04/2024
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):45
Parking:Secure Parking
Description
Ideal Investment Opportunity In Musgrave.
Welcome to your ideal investment opportunity in Glenwood! This second-floor loft apartment is perfectly suited for investors looking to capitalise on the lucrative AirBnb market or expand their investment portfolio. It's also an excellent option for newlyweds or small families seeking a cozy urban retreat.
Centrally located and priced at an attractive R540,000, this one-bedroom apartment offers unbeatable value.
Step inside to discover an open-plan living space with high ceilings and floor-to-ceiling windows, flooding the apartment with natural light and offering picturesque views of the Durban CBD from the wooden deck balcony.
The practical kitchen features built-in cupboards, an oven, hob, and extractor, making meal preparation a breeze. The bedroom, situated upstairs, overlooks the lounge and balcony areas, creating a sense of spaciousness and tranquility.
Prepaid electricity and fiber readiness ensure convenience and modern living, while the secure complex boasts 24-hour security, intercom access, and automated driveway gates for peace of mind.
With an open parking bay included, this apartment offers both comfort and practicality.
Contact me today to schedule a viewing and secure your investment in this Glenwood gem!
Id Subtitle 1276009505
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Estimated monthly repaymentR 5,853
Total property loan amountR 540,000
Total interestR 864,485
Total repaymentR 1,404,485
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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