RENOVATED 2 BEDROOM FLATS IN UMBILO-FLAMINGO COURT.

R 270,000

Can I afford this?
10 months ago1008 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):79
Parking:Covered
Description
Calling investors......I have a client that is emigrating and selling his portfolio of properties, we have 20 units available.....Some are 2, 5 Bedroom around 79 square meters and the others are 1, 5 Bedroom units around 50 square meters. All are refurbished, in good condition, no arrear rates, levies etc...Some are tenanted with well paying tenants...Rentals received are between 5K and 7K per month...No arrears on tenants not paying. We also have 1,5 bedroom units available at245 K negotiable.
All units are neatly painted throughout with inbuilt cupboards and fully tiled. All have pre paid water and electricity meters.
The block was in administration and has now been rehabilitated by the High Court and has it`s own Body Corporate and Managing Agent. Well run by an Attorney...Ashlyn Kandhai and Associates. The seller seeks a cash deal. Units may be sold individually or in bulk-prices are negotiable.
Secure ample parking on a first come first serve basis, protected by 24 hour Security, fully fenced and electric gated.
Viewing available to pre-screened candidates with proof of funds. NO AGENTS PLEASE!!!

Property Reference #: RL4554

Agent Details:
Cornealius Van Niekerk
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083

Id Subtitle 1214145319
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Estimated monthly repaymentR 2,927
Total property loan amountR 270,000
Total interestR 432,243
Total repaymentR 702,243
Interest rate at 11.75% for 20 years *
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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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