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**Good investment with this, Charming Apartment Building in Central East London**

R 4,600,000

Can I afford this?
3 months ago761 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):627
Description
**Good investment with this, Charming Apartment Building in Central East London**

Welcome to this delightful family-oriented apartment building, perfectly situated in the heart of East London. This well-maintained property features six generously-sized flats, each offering an expansive and inviting living space. Each flat boasts two spacious bedrooms with built-in cupboards (BIC), providing ample storage for your family needs.

The warm and welcoming kitchens, also equipped with built-in cupboards, are perfect for preparing family meals and creating cherished memories. Each flat includes a family bathroom with a convenient bath and shower combination, along with separate restrooms for added privacy. The spacious lounges are ideal for family gatherings and entertaining guests, while the balconies offer a stunning view, perfect for relaxing as you watch the sunset.

Security is a top priority, with secure doors and burglar gates installed on all flats, ensuring peace of mind for you and your loved ones. The building also features a rooftop area and fire escape stairs for added safety.

Additionally, the property includes three staff accommodations with their own restrooms at the back, providing convenience and comfort for live-in staff or additional rental opportunities.

An exciting feature of this property is the extra building at the bottom of the flats. This versatile space is perfect for generating extra income, as it can be easily adapted for a variety of uses such as a church or any type of business. It is secure and user-friendly, making it an excellent investment opportunity.

Located centrally in East London, this apartment block is just a short walk from the refreshing sea breeze. It offers easy access to essential amenities including hospitals, schools, the post office, SASSA offices, and other government departments. You will also find yourself conveniently close to malls, banks, shops, and the police station, ensuring all your needs are met within close proximity.

This property represents a unique opportunity to invest in a thriving community while enjoying the comfort and convenience of a family-friendly environment. Don’t miss out on this exceptional chance to own a piece of East London’s charm. Contact us today for more information or to arrange a viewing.

Property Reference #: 2405059

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

Id Subtitle 1333088771
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Estimated monthly repaymentR 46,701
Total property loan amountR 4,600,000
Total interestR 6,608,128
Total repaymentR 11,208,128
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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