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Apartment for sale in Arcadia
R 870,000
Can I afford this?25 Photo(s)
5 months ago150 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):92
Parking:Garage
Description
Lucrative investment opportunity in the thriving heart of Arcadia, Pretoria, where the potential for a substantial monthly income awaits. Nestled in a highly tenanted area, this property presents a promising prospect for those seeking a reliable return on investment.
This spacious 4-bedroom apartment is a gem within the city, boasting a well-fitted kitchen, inviting lounge, and dedicated dining area. The generously sized bedrooms and ample interior space provide an ideal canvas to craft a comfortable and welcoming living environment.
Although currently vacant, the seller is actively in the process of securing tenants for the apartment, with an estimated monthly rental income of approximately R11,000. This foresight ensures a swift transition from investment to income generation.
Interior Features:
4 Bedrooms
1 Bathroom
Kitchen
Dining Room
Living Area
Exterior Features:
Tag access for enhanced security
CCTV System for added peace of mind
Access to a communal area for social gatherings
Common garden for relaxation and outdoor enjoyment
Amenities:
Convenient access to main roadways
Proximity to sought-after schools for families
Two large shopping centers within the vicinity for retail therapy and daily necessities
Seize the opportunity to invest in a property that not only promises financial returns but also provides a comfortable and secure space for tenants. With its strategic location, modern amenities, and potential for a steady monthly income, this investment property in Arcadia, Pretoria, is a prudent choice for discerning investors. Act now and be part of a flourishing community in one of Pretoria's most sought-after areas.
# Parking: 1
Rates And Taxes: 1700
Levies: 230
Has Pool
Property Reference #: 2201615
Agent Details:
Benita Vermeulen
FIO Real Estate
Park Lane West Building, 6th floor, 194 Bancor Avenue, Menlyn Maine Pretoria, Gauteng, South Afri
This spacious 4-bedroom apartment is a gem within the city, boasting a well-fitted kitchen, inviting lounge, and dedicated dining area. The generously sized bedrooms and ample interior space provide an ideal canvas to craft a comfortable and welcoming living environment.
Although currently vacant, the seller is actively in the process of securing tenants for the apartment, with an estimated monthly rental income of approximately R11,000. This foresight ensures a swift transition from investment to income generation.
Interior Features:
4 Bedrooms
1 Bathroom
Kitchen
Dining Room
Living Area
Exterior Features:
Tag access for enhanced security
CCTV System for added peace of mind
Access to a communal area for social gatherings
Common garden for relaxation and outdoor enjoyment
Amenities:
Convenient access to main roadways
Proximity to sought-after schools for families
Two large shopping centers within the vicinity for retail therapy and daily necessities
Seize the opportunity to invest in a property that not only promises financial returns but also provides a comfortable and secure space for tenants. With its strategic location, modern amenities, and potential for a steady monthly income, this investment property in Arcadia, Pretoria, is a prudent choice for discerning investors. Act now and be part of a flourishing community in one of Pretoria's most sought-after areas.
# Parking: 1
Rates And Taxes: 1700
Levies: 230
Has Pool
Property Reference #: 2201615
Agent Details:
Benita Vermeulen
FIO Real Estate
Park Lane West Building, 6th floor, 194 Bancor Avenue, Menlyn Maine Pretoria, Gauteng, South Afri
Id Subtitle 1249297207
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Estimated monthly repaymentR 9,429
Total property loan amountR 870,000
Total interestR 1,392,781
Total repaymentR 2,262,781
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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FIO Real Estate
Selling for 1 year
Total Ads67
Active Ads67
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