Retirement Bliss - Othello - Brackenfell

R 1,875,000

Can I afford this?
14 days ago81 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):79
Parking:Garage
Description
SOLE & EXCLUSIVE MANDATE
Charming 2-Bedroom Ground Floor Unit in Othello Retirement Village

Welcome to your dream retirement home at Othello Retirement Village! This delightful 2-bedroom, 1-bathroom ground floor unit is a haven of comfort, convenience, and community. Perfectly designed for a relaxed lifestyle, this property offers a single garage and is an excellent investment opportunity with a long-term tenant already in place.

Key Features:

2 Bedrooms, 1 Bathroom: Enjoy spacious living with two well-appointed bedrooms and a modern bathroom for your comfort.
Single Garage: Convenient parking is made easy with a dedicated single garage, ensuring your vehicle is always secure.
Ground Floor Unit: Accessibility is a breeze with this ground floor unit, providing easy entry and exit for residents.
Investment Opportunity:
The current long-term tenant adds tremendous value to this property, making it an ideal investment for those seeking a hassle-free, income-generating asset. Consider extending the lease for continued rental income and peace of mind.

Community Living at Its Finest:
Become a part of the Othello Retirement Village community, where neighbors become family. Enjoy a range of amenities and activities that cater to your lifestyle:

Salon: Pamper yourself at the on-site salon for a touch of luxury.
Library: Immerse yourself in a world of books and knowledge at the village library.
Ladies' Bar: Socialize with friends and neighbors in a relaxed atmosphere.
Meals at Minimal Cost: Convenient and affordable meals available for residents.
Weekly Trips to the Mall: Stay connected to the city with organized weekly trips for shopping and leisure.
Extramural Activities: Engage in various extramural activities to keep both mind and body active.
In-House Movie Nights: Enjoy movie nights within the comfort of your own community.
Art Classes: Unleash your creative side with on-site art classes and workshops.

Medwell Levy Included:
The Medwell levy, forming part of the current rental income, ensures that residents have access to top-notch medical facilities and services, providing peace of mind for both residents and investors.

Don't miss out on this exceptional opportunity to join the Othello Retirement Village community! Contact us today to schedule a viewing and make this charming property your next home or investment venture.

# Parking: 1
Rates And Taxes: 136
Levies: 2380
Property Reference #: 2225194

Agent Details:
Lenise Smit
Spectrum Realty Durbanville
Shop 24A, Palm Grove Centre,Durbanville7550

Id Subtitle 1274907043
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 20,320
Total property loan amountR 1,875,000
Total interestR 3,001,682
Total repaymentR 4,876,682
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.
RECALCULATE
Spectrum Realty Durbanville
Selling for 15 days
Total Ads140
Active Ads140
Professional Seller
Seller stats
140Total Ads
4.06KTotal Views
Contact Spectrum Realty Durbanville
082*******Show Number
Message
(4006)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.