Lock in Your Investment with this Prime Property!

R 690,000

Can I afford this?
8 months ago567 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):107
Parking:Covered
Description
PRICE ADJUSTMENT!!

Attention investors! This strategically located apartment presents an excellent opportunity for savvy investors. Situated just across from Mall@Reds and a short stroll from Raslouw lifestyle center, this property offers unparalleled convenience. The complex is well-connected with a Gautrain bus stop right at its doorstep and easy access to major routes. Additionally, residents can enjoy peace of mind with 24-hour security ensuring a safe living environment.

Upon entering, you are greeted with a well-designed layout featuring two bedrooms and a spacious full bathroom. The open plan kitchen is equipped with a washing machine outlet, while the living area is generously sized to accommodate a lounge suite and dining table. Sliding doors enhance the bright and airy ambiance of the space.

Parking is made easy with a carport and open parking spaces available. The complex is also equipped with fiber internet and DSTV connections for added convenience. Utility usage is monitored efficiently through Impact Meters, streamlining the billing process for residents.

An appealing rental opportunity awaits prospective investors, as a new rental agreement is scheduled to commence on August 1st, 2023, offering a monthly rental income of R7,250. This property presents an ideal lock-up-and-go option, providing a hassle-free investment opportunity for those seeking a reliable income stream.

Rates And Taxes: 736
Levies: 2200
Property Reference #: 2170860

Agent Details:
Maria Du Preez
O-YES Properties
1st Floor, Block D
Homestead Park,
37 Homestead Road,
Rivonia
Sandton

Id Subtitle 1226082731
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Estimated monthly repaymentR 7,478
Total property loan amountR 690,000
Total interestR 1,104,619
Total repaymentR 1,794,619
Interest rate at 11.75% for 20 years *
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