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Charming 2 bedroom apartment flat, for first time home owner/investment on rental income

R 470,000

Can I afford this?
14 hours ago10 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):39
Parking:Street
Description
This cozy 2 bedroom with 1 bathroom, with open plan kitchen and lounge, perfect for first -time home owner, or can serve as a investment.

Key Features include:
* Spacious 2 bedroom with BIC
* Family bathroom with bath, for long baths after a long day
*Spacious open plan kitchen with BIC, with a perfect spacious lounge for family movie nights and snuggling on the couch
*Currently generating a rental income
*A spacious playground, with security on the premises patrolling
*Parking area and secure environment with access code at gate, with security on patrol.
*Cleaning staff on premises to keep environment clean
*Amenities in surrounding area :
- public and private hospital about 1,5km away
-public school, and creche in area
-Police station 1.5km away
-Beach ABOUT 3,5km distance
-Shopping centre's is about 0,5m away

This property is ideal for new home owners with a low-income and a fantastic opportunity for investors.

Don't miss out on this opportunity, contact us immediately to schedule a viewing

Rates And Taxes: 1100
Levies: 900
Property Reference #: 2440025

Agent Details:
Joslen Exford
Trafalgar Property Management East London
9 Vincent Road, Vincent, East London

Id Subtitle 1343746310
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Estimated monthly repaymentR 4,772
Total property loan amountR 470,000
Total interestR 675,179
Total repaymentR 1,145,179
Interest rate at 10.75% for 20 years *
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Trafalgar Property Management East London
Selling for 5+ years
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