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Apartment for sale in North Beach
R 745,000
Can I afford this?4 Photo(s)
1 year ago673 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):65
Parking:Garage
Description
Explore an enticing investment prospect with this promising 1.5-bedroom apartment, strategically positioned on the 2nd floor of a meticulously maintained block in North Beach - Sol Harris Crescent.
This open-plan gem presents a prime canvas for investment opportunities. While maintaining its original character, the apartment features tiled floors and built-in cupboards throughout, providing a solid foundation for further enhancements.
The kitchen, still in its original layout, features built-in cupboards, metal and post form counter tops, awaiting your personal touch. Add your own under-counter oven and hob to create a modern culinary haven.
The bathroom boasts a straightforward yet functional design, featuring a hand basin, bath, and toilet, ensuring practicality for occupants.
A bright and sunny half room at the end of the flat opens up possibilities for a relaxing sun-soaked retreat or an ideal home office setup, catering to diverse tenant preferences.
Investor convenience takes center stage with remote control access to secure underground parking, complete with round-the-clock security measures, including fingerprint biometric access to the building.
Currently under the care of salaried occupants, generating a steady rental income of R6250 per month, this apartment epitomizes an investment opportunity that yields immediate returns.
Whether you're an astute investor seeking a reliable income stream or looking to unlock its full potential through renovation, this apartment offers a versatile avenue to secure your financial future. Enquire today to seize this dual-purpose gem and capitalize on its investment rewards.
# Parking: 1
Rates And Taxes: 700
Levies: 1790
Property Reference #: 278
Agent Details:
Tracey Thompson
THOMPSON'S REAL ESTATE
Central Musgrave, Durban
Durban
This open-plan gem presents a prime canvas for investment opportunities. While maintaining its original character, the apartment features tiled floors and built-in cupboards throughout, providing a solid foundation for further enhancements.
The kitchen, still in its original layout, features built-in cupboards, metal and post form counter tops, awaiting your personal touch. Add your own under-counter oven and hob to create a modern culinary haven.
The bathroom boasts a straightforward yet functional design, featuring a hand basin, bath, and toilet, ensuring practicality for occupants.
A bright and sunny half room at the end of the flat opens up possibilities for a relaxing sun-soaked retreat or an ideal home office setup, catering to diverse tenant preferences.
Investor convenience takes center stage with remote control access to secure underground parking, complete with round-the-clock security measures, including fingerprint biometric access to the building.
Currently under the care of salaried occupants, generating a steady rental income of R6250 per month, this apartment epitomizes an investment opportunity that yields immediate returns.
Whether you're an astute investor seeking a reliable income stream or looking to unlock its full potential through renovation, this apartment offers a versatile avenue to secure your financial future. Enquire today to seize this dual-purpose gem and capitalize on its investment rewards.
# Parking: 1
Rates And Taxes: 700
Levies: 1790
Property Reference #: 278
Agent Details:
Tracey Thompson
THOMPSON'S REAL ESTATE
Central Musgrave, Durban
Durban
Id Subtitle 1164576206
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Estimated monthly repaymentR 8,074
Total property loan amountR 745,000
Total interestR 1,192,669
Total repaymentR 1,937,669
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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THOMPSON'S REAL ESTATE
Selling for 5+ years
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