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Great Investment seated tenant
R 725,000
Can I afford this?
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11 months ago140 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):66
Parking:Covered
Description
A great opportunity to get into the property market with an excellent ROI. Tenant is on a 6-month lease paying R6500pm. Reasonable levies and low rates makes this a great start to your property portfolio. 1 bedroom with a very spacious half bed that is currently configured as a study. The unit is tenant ready and has 1 secure parking. Located close to Windermere centre but also linking with Florida road. Easy access to all the infrastructure the neighborhood has to offer.
Property Reference #: RL4568
Agent Details:
Rolf Madurai
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Property Reference #: RL4568
Agent Details:
Rolf Madurai
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Id Subtitle 1214414558
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Estimated monthly repaymentR 7,857
Total property loan amountR 725,000
Total interestR 1,160,651
Total repaymentR 1,885,651
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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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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