Income Potential

R 770,000

Can I afford this?
1 month ago66 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):3
Size (sqm):120
Parking:Garage
Description
Discover an exceptional opportunity in the lively Quigney neighborhood of East London with this exquisite 3-bedroom, 3-bathroom apartment, featuring 2 en-suites. This spacious unit not only provides a comfortable living space but also offers a promising investment potential for your future endeavors.

As you step inside, you are welcomed by three generously proportioned bedrooms that ensure ample space for you and your loved ones. The apartment includes a sizable lounge area, perfect for creating unforgettable moments. Whether you're hosting gatherings or simply relaxing after a busy day, this expansive lounge provides an ideal setting for both leisure and entertainment.

What truly distinguishes this property is its capacity to generate rental income. Seize the opportunity to convert your living space into an investment by renting out additional rooms. This supplementary income stream enhances the value and financial security of your investment, paving the way for a prosperous future.

Take advantage of this exceptional opportunity today and secure this spacious 3-bedroom apartment nestled in the heart of Quigney, East London. It's more than just a residence; it's a gateway to a thriving future waiting to be explored. Don't let this chance slip away!

# Parking: 1
Rates And Taxes: 1400
Levies: 1460
Property Reference #: 2185795

Agent Details:
Joy Flavio
Trafalgar Property Management East London
37 Devereux Ave
East London

Id Subtitle 1274547251
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Estimated monthly repaymentR 8,345
Total property loan amountR 770,000
Total interestR 1,232,691
Total repaymentR 2,002,691
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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Trafalgar Property Management East London
Selling for 3+ years
Total Ads25
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