LOCATED VERY CLOSE TO CUT – CALLING INVESTORS & STUDENTS

R 332,800

Can I afford this?
4 months ago124 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):25
Description
Welcome to this strategically positioned bachelor's flat, situated on the first floor of a popular complex, just 1km away from the Central University of Technology (CUT) and in close proximity to the vibrant Loch Logan Waterfront Mall. This location ensures not only convenience for students but also offers a dynamic and lively atmosphere.

Spanning 25 square meters, the unit is thoughtfully designed to accommodate a comfortable lifestyle, featuring ample space for a double bed paired with a study desk, creating a conducive environment for focused academic pursuits. Additionally, there's enough room to include a cozy couch, providing a perfect spot for relaxation.

The bathroom is boasts a generous layout that includes a bath, toilet, and basin. The presence of a kitchenette further enhances the practicality of the unit, allowing for basic cooking needs and fostering a sense of independence.

With an eye on investment, this bachelor's flat is currently generating a monthly income of R3,400, which makes it a lucrative opportunity for those considering the property as an investment.

Whether you're a student seeking proximity to campus and amenities or an investor looking for a promising return, this flat combines practicality with potential in a sought-after complex.

Don't miss the chance to make this space your own or capitalize on its earning potential.

Rates And Taxes: 450
Levies: 1200
Property Reference #: 2203909

Agent Details:
Adéle van Aswegen - Property Practitioner
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein

Id Subtitle 1251049445
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Estimated monthly repaymentR 3,607
Total property loan amountR 332,800
Total interestR 532,779
Total repaymentR 865,579
Interest rate at 11.75% for 20 years *
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Mikaya Real Estate
Selling for 3+ years
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