Excellent Investment Opportunity

R 995,000

Can I afford this?
13 days ago28 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):43
Parking:Covered
Description
This 43sqm 1 Bed, 1 Bath 2nd Floor Apartment in sought after The Sandown in Sandown Precinct is an excellent investment opportunity currently achieving a rental income of R8,500 per month, however, a sale with vacant occupation is not out of the question.


The entire Apartment is fully tiled and comprises an open plan living area, with a compact kitchen already fitted with electric oven, gas hob, cookerhood, 368l fridge/freezer, washing machine, tumble drier and dishwasher, a good-sized bedroom, with ample cupboard space, that will comfortably fit a Queen bed and en-suite bathroom, shower only, and vanity with large drawer.


Gas is on a reticulated system and includes a gas geyser, all utilities incl electricity, gas, water & effluent are on pre-paid metering with easy payment options. One dedicated Shadeport covered Parking Bay is included.


The Lifestyle Centre is open to all residents and includes a Concierge Desk, Lounge Area, Gym, Restaurant, Spa, Meeting Room, Swimming Pool, Children's Play Area and Braai Pods.


The Estate is surrounded by electric fenced walls and have CCTV cameras throughout. Entrance is through 24-hour guarded and boomed Biometric access points and visitors' access is electronically controlled. The Estate and surrounding precinct is regularly patrolled by armed response vehicles.


An added bonus is that the Estate is Pet Friendly for 2 small spayed and inoculated pets per unit, per approval from the Body Corporate.

Has Pool
Property Reference #: 7002001-49658

Agent Details:
Rouxle Marais
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274175369
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Estimated monthly repaymentR 10,783
Total property loan amountR 995,000
Total interestR 1,592,893
Total repaymentR 2,587,893
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
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