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Investment Opportunity: Two-Bedroom Apartment in Central Parklands
R 725,000
Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):47
Parking:Street
Description
Property Overview:
Located on the Second Floor, this Two-Bedroom Apartment offers convenience and accessibility.
Situated in Central Parklands, it’s close to all amenities, including bus stops and shops.
Open-Plan Kitchen:
The kitchen features built-in cupboards both on the top and bottom.
Ideal for tenants who appreciate functional and well-designed spaces.
Full Bathroom:
Enjoy a full bathroom with the following amenities:
Bath
Shower over the bath
Toilet
Basin
Investment Potential:
A reliable long-term tenant currently pays R7,500 per month.
With a little tender loving care (TLC), this property has the potential for an excellent return on investment.
Key Points for Investors:
Location: Central Parklands ensures easy access to essential services.
Tenant Stability: The existing tenant provides consistent rental income.
Value-Add Opportunity: Consider minor renovations to enhance the property’s appeal.
Rates - R120
Levies - R1499
Don’t miss out on this investment gem! Feel free to reach out if you have any further questions or need additional details.
Rates And Taxes: 120
Levies: 1985
Has Garden
Property Reference #: 2152805
Agent Details:
Daniela Dragone
Trafalgar Property Management Cape Town
Unit 12
M5 PARK
Eastman Road
Maitland
Cape Town
7405
Located on the Second Floor, this Two-Bedroom Apartment offers convenience and accessibility.
Situated in Central Parklands, it’s close to all amenities, including bus stops and shops.
Open-Plan Kitchen:
The kitchen features built-in cupboards both on the top and bottom.
Ideal for tenants who appreciate functional and well-designed spaces.
Full Bathroom:
Enjoy a full bathroom with the following amenities:
Bath
Shower over the bath
Toilet
Basin
Investment Potential:
A reliable long-term tenant currently pays R7,500 per month.
With a little tender loving care (TLC), this property has the potential for an excellent return on investment.
Key Points for Investors:
Location: Central Parklands ensures easy access to essential services.
Tenant Stability: The existing tenant provides consistent rental income.
Value-Add Opportunity: Consider minor renovations to enhance the property’s appeal.
Rates - R120
Levies - R1499
Don’t miss out on this investment gem! Feel free to reach out if you have any further questions or need additional details.
Rates And Taxes: 120
Levies: 1985
Has Garden
Property Reference #: 2152805
Agent Details:
Daniela Dragone
Trafalgar Property Management Cape Town
Unit 12
M5 PARK
Eastman Road
Maitland
Cape Town
7405
Id Subtitle 1262472680
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Estimated monthly repaymentR 7,857
Total property loan amountR 725,000
Total interestR 1,160,651
Total repaymentR 1,885,651
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.
RECALCULATE
Trafalgar Property Management Cape Town
Selling for 3+ years
Total Ads102
Active Ads102
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62.75KTotal Views
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