RARE Opportunity!

R 770,000

Can I afford this?
1 year ago770 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Description
Lovely RARE apartment in Olivedale Retirement Village is available for either occupation or as an amazing investment! This 1 bedroom apartment in the Lifestyle Center with a fantastic view is the apartment you have been waiting for.

The Retirement Village offers a wonderful community for those over the age of 50 to enjoy retirement with peace of mind that should something happen, there are friends and staff on hand to assist immediately.

This unit is on the front offering the most spectacular view from the balcony over the Village. Good reliable tenants have been staying in the property for 3 years and never missed a payment. Tenant pays: R6 500 Monthly Rent + Monthly Meals and Electricity (pre-paid). Tenant is happy to stay but does have an apartment in the Village to move to should you wish to take occupation.

The apartment Offers:

- Main Bedroom (comfortably holds a queen bed or 2 single beds)
- Bathroom (specifically designed for ease and comfort with walk in shower and handicap facilities)
- Modern full size kitchen with breakfast nook / extra counter space
- Open plan living
- Lounge leading to private balcony

The Village Offers: (including but not limited to)

- Restaurant
- Kiosk Shop
- Hair Salon
- Beauty Salon
- Heated Pool
- Community Hall (dances, church, bingo, pilates etc)
- Library
- Laundry Service
- Shuttle Services outside the Village
- Village Doctor
- Village Sister
- Assisted Living (health issues, cooking, cleaning etc)
- Frail Care

Call Claire to schedule a private viewing.

Property Reference #: 3377

Agent Details:
Robbie Savage
Reliable Realty
Hammets Crossing, 2 Selbourne Road, Johannesburg North, 2188
Randburg

Id Subtitle 1109617581
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Estimated monthly repaymentR 8,345
Total property loan amountR 770,000
Total interestR 1,232,691
Total repaymentR 2,002,691
Interest rate at 11.75% for 20 years *
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Selling for 7+ years
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