Investor's Dream in Oakglen, Bellville, Western Cape!

R 999,000

Can I afford this?
13 days ago30 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):60
Parking:Covered
Description
POPLULAR DE AKKERS.  Offers from R 999 000 will be considered.
ASKING PRICE: R 1 029 000
EXISTING RENTAL INCOME OF R7770 FOR ONE YEAR IN PLACE !!

Looking for a fantastic investment opportunity in the heart of Oakglen, Bellville? Look no further! This spacious and well-maintained apartment is not only an ideal starter home but also a lucrative buy-to-let investment waiting for the savvy investor.

Location, Location, Location!
Oakglen, Bellville is a highly sought-after area for a reason.  With easy access to major roads and its central position relative to the Bellville and Brackenfell CBD areas, this location offers unparalleled convenience.  Plus, quick access to major highways makes commuting a breeze, ensuring consistently high demand in this area.

Secure Living at its Best
Security is a top priority in this complex, featuring access control, CCTV cameras, and electrical fencing.  You can rest easy knowing that your investment is well-protected.

Low Maintenance, High Returns
The low maintenance nature of the building ensures that you can enjoy the benefits of property ownership without the hassle.  And the cherry on top? The exceptionally low levies, making this investment even more attractive when compared to similar complexes.

Ready-Made Income
This apartment comes with a bonus – it currently has two excellent tenants who are eager to stay on if the property is sold to an investor.  You can seamlessly take over the existing lease and start generating hassle-free income from day one.

Spacious and Sunny
Inside, you'll find a spacious apartment with a sunny balcony, providing a perfect spot to relax.  The two bedrooms offer comfortable living space, and the open-plan kitchen with a breakfast nook is perfect for modern living.  The bathroom includes a bath with a shower above it, catering to your every need.

Tailormade for Your Success
We understand the importance of knowing your market.  That's why this investment opportunity is perfectly tailored to meet the demands of potential buyers in Oakglen, Bellville, and the surrounding areas.

Don't miss out on this golden opportunity to own an investment property in one of Oakglen's most coveted complexes.  Act now and secure your future income stream.Contact Menno, your Flat & Townhouse Specialisttoday to schedule a viewing and make this fantastic investment yours.

Property Reference #: 7002001-38516

Agent Details:
Menno-Flat & Townhouse Specialist
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274219364
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Estimated monthly repaymentR 10,827
Total property loan amountR 999,000
Total interestR 1,599,297
Total repaymentR 2,598,297
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
Professional Seller
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7.26KTotal Ads
3.69MTotal Views
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