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Investment apartment in Southernwood

R 650,000

Can I afford this?
4 months ago1249 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):849
Parking:Garage
Description
Trafalgar is pleased to present to market an income-generating apartment in a small complex in the heart of Southernwood.

The property is on the second floor and the owners rent out four rooms. All the tenants share the one bathroom and kitchen.

There is a single garage and ample street parking.

Currently the apartment generates a rental of R8000 a month.

Contact Tracey to arrange a viewing today!

# Parking: 1
Levies: 1502
Property Reference #: 2396754

Agent Details:
Natie Barnard
Trafalgar Property Management East London
9 Vincent Road, Vincent, East London

Id Subtitle 1329606780
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Estimated monthly repaymentR 6,599
Total property loan amountR 650,000
Total interestR 933,758
Total repaymentR 1,583,758
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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