Income generating apartment in Quigney!

R 545,000

Can I afford this?
4 months ago86 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):73
Parking:None
Description
The property has existing tenants with a return on investment in excess of 11%. The whole apartment has tiled floors and consists of an entrance, kitchen, bathroom and 3 bedrooms. The complex is secure and centrally located with public transport in close proximity.

Property Reference #: ELO-RS00884

Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247

Id Subtitle 1253261264
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Estimated monthly repaymentR 5,907
Total property loan amountR 545,000
Total interestR 872,489
Total repaymentR 1,417,489
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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Century21
Selling for 3+ years
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