Investors Delight in this 2 bedroom 2 bathroom Apartment

R 665,000

Can I afford this?
7 months ago375 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 (#):2
Size (sqm):79
Description
Prime Investment Opportunity: 2-Bedroom, 2-Bathroom Apartment on the Third Floor

Welcome to a promising investment prospect! This spacious 2-bedroom, 2-bathroom apartment, ideally located on the third floor, is tailor-made for savvy investors seeking a secure and rewarding addition to their portfolio. Rental of R6,800 and upwards achievable for this tidy unit.

Key Highlights:

Excellent Rental Potential: With two generously-sized bedrooms and two bathrooms, this apartment is perfectly suited for attracting long-term tenants, ensuring a steady stream of rental income.

Ideal Location: Situated in a sought-after area in Midrand, a stone's throw away from the Waterfall Precinct, this property enjoys easy access to schools, shopping centers, public transportation, and local amenities, enhancing its appeal to potential tenants.

Contemporary Design: The apartment boasts a modern design, featuring an open-concept living area, a well-appointed kitchen with granite counter tops, and ample storage space, making it highly attractive to tenants.

Third-Floor Advantage: Being on the third floor provides a great balance of convenience and privacy, while offering elevated views and natural light.

Secure Investment: Investing in real estate is a proven way to build wealth, and this apartment promises a secure and potentially lucrative opportunity in the ever-growing rental market.

Parking Spaces: 2 parking spaces for exclusive use.

Low Maintenance: As a sectional development, the maintenance of the building and common areas is covered by levies and ensures minimal hassle for landlords, allowing you to focus on maximizing your return on investment.

Don't miss the chance to add this apartment to your investment portfolio. Its location, design, and rental potential make it a smart choice for investors looking to secure their financial future. Contact us today to seize this opportunity and start reaping the benefits of this prime investment property.

Rates And Taxes: 450
Levies: 1620
Property Reference #: 181

Agent Details:
Sandheera Padayachee
MID Properties
30 Albertyn Street, Vorna Valley, Midrand,1686

Id Subtitle 1241077790
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 7,207
Total property loan amountR 665,000
Total interestR 1,064,597
Total repaymentR 1,729,597
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
MID Properties
Selling for 1 year
Total Ads56
Active Ads56
Professional Seller
Seller stats
56Total Ads
11.34KTotal Views
Contact MID Properties
072*******Show Number
Message
(3990)
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.