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Investment Gem in Westdene - Renovated Flat with Lease Agreement
R 700,000
Can I afford this?
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13 days ago7 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):104
Parking:Covered
Description
Welcome to your perfect investment opportunity nestled in the heart of Westdene on the 5th floor of a well kept block of flats. This immaculate unit offers an attractive current income of R7,000 per month, with a secure lease agreement in place, ensuring stability for your investment.
Upon stepping into this recently renovated flat, you're greeted by a huge, sunlit living room adorned with expansive windows that fill the space with natural light. The neatly designed kitchen boasts ample built-in cupboards, providing both functionality and style.
This cozy residence features two spacious bedrooms with build-in cupboards, a well-appointed bathroom, and a convenient separate toilet, catering to both comfort and practicality. Additionally, the balcony offers breathtaking views of Bloemfontein's captivating city lights, creating an enchanting ambiance, especially during evenings.
Noteworthy amenities include a single steel carport, communal braai, area, cell to gate access and prepaid electricity, while water is included in the levies.
Situated centrally, this flat is within walking distance of various amenities, ensuring convenience for occupants.
Don't miss out on this lucrative investment opportunity that combines modern comfort, convenience, and potential for significant returns.
Rates And Taxes: 786
Levies: 1219
Property Reference #: 2229861
Agent Details:
Adéle van Aswegen - Property Practitioner
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein
Upon stepping into this recently renovated flat, you're greeted by a huge, sunlit living room adorned with expansive windows that fill the space with natural light. The neatly designed kitchen boasts ample built-in cupboards, providing both functionality and style.
This cozy residence features two spacious bedrooms with build-in cupboards, a well-appointed bathroom, and a convenient separate toilet, catering to both comfort and practicality. Additionally, the balcony offers breathtaking views of Bloemfontein's captivating city lights, creating an enchanting ambiance, especially during evenings.
Noteworthy amenities include a single steel carport, communal braai, area, cell to gate access and prepaid electricity, while water is included in the levies.
Situated centrally, this flat is within walking distance of various amenities, ensuring convenience for occupants.
Don't miss out on this lucrative investment opportunity that combines modern comfort, convenience, and potential for significant returns.
Rates And Taxes: 786
Levies: 1219
Property Reference #: 2229861
Agent Details:
Adéle van Aswegen - Property Practitioner
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein
Id Subtitle 1274564707
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Estimated monthly repaymentR 7,586
Total property loan amountR 700,000
Total interestR 1,120,628
Total repaymentR 1,820,628
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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Mikaya Real Estate
Selling for 3+ years
Total Ads162
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