Starting out or scaling down

R 1,500,000

Can I afford this?
2 months ago87 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Parking:Secure Parking
Description
Sole Mandate

Explore the additional investment opportunity with an attractive return: rent out the apartment as a long term rental.

This 2-bedroom apartment in Santini Village is situated within easy access to major routes and amenities. Offering 2 bedrooms with a separate bathroom, bath and shower. Open plan kitchen & lounge.

One private balcony.

Tiled throughout and a single allocated parking bay

Current rental income R9500 per month

Property Reference #: 1239264

Agent Details:
Julian Lincow
Rawson Properties Knysna
4, Gray Street, Knysna, Knysna Central, Western Cape

Id Subtitle 1263346276
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
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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Rawson Properties Knysna
Selling for 3+ years
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