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Investment Opportunity: Prime Location Apartment in Southernwood, East London
R 740,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):94
Parking:Covered
Description
Investment Opportunity: Prime Location Apartment in Southernwood, East London
Unlock the potential of this investment opportunity nestled in the heart of university resident units. Located in Skyview flats, Southernwood, East London, Eastern Cape, this property offers an ideal chance to capitalize on the student accommodation market.
Key Features:Access controlled and secure parking for peace of mind.Spacious apartment with 3 bedrooms and 1 bathroom, complemented by a fitted kitchen.Currently housing 3 students, ensuring immediate rental income upon acquisition.Conveniently situated near St Dominics Hospital, the Eye Clinic, and St Marks Hospital.Proximity to Malcomess shopping centre, facilitating easy access to amenities.
While the apartment may require some tender loving care (TLC), its strategic location and existing rental income potential make it an attractive investment prospect. Don't miss out on this opportunity to invest in a promising property within a vibrant and bustling community.
Contact us today to schedule a viewing and explore this lucrative investment further.
Property Reference #: 7002001-51145
Agent Details:
Shaz and Shane Properties
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Unlock the potential of this investment opportunity nestled in the heart of university resident units. Located in Skyview flats, Southernwood, East London, Eastern Cape, this property offers an ideal chance to capitalize on the student accommodation market.
Key Features:Access controlled and secure parking for peace of mind.Spacious apartment with 3 bedrooms and 1 bathroom, complemented by a fitted kitchen.Currently housing 3 students, ensuring immediate rental income upon acquisition.Conveniently situated near St Dominics Hospital, the Eye Clinic, and St Marks Hospital.Proximity to Malcomess shopping centre, facilitating easy access to amenities.
While the apartment may require some tender loving care (TLC), its strategic location and existing rental income potential make it an attractive investment prospect. Don't miss out on this opportunity to invest in a promising property within a vibrant and bustling community.
Contact us today to schedule a viewing and explore this lucrative investment further.
Property Reference #: 7002001-51145
Agent Details:
Shaz and Shane Properties
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274164492
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Estimated monthly repaymentR 8,020
Total property loan amountR 740,000
Total interestR 1,184,664
Total repaymentR 1,924,664
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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QUIGNEY
– POTENT RESIDENTIAL RENTAL INVESTMENT!
AUCTION ONE
The Property
Auctioneering CO.
We Will Offer For Sale By
Public Auction The Property Situated At:
14 ANGLE STREET,
QUIGNEY, EAST LONDON.
Date:
15 MAY 2024
Time: 10:00 AM.
Venue: On Site.
Viewing: By Appointment.
ID & proof of residence required for
registration.
AUCTIONEERS NOTE – 3 X
SEPARATE UNITS, NEEDS COMPLETION, POSSIBILITY OF A POWERFUL RENTAL RETURN.
Rake in that triple
rental!
Located just above
the East London esplanade,14 Angle Street in Quigney is a stand out rental gem
waiting for its next investor! Strategically located near the CBD and shopping
centres, the property is divided into three components, each offering
tremendous potential in this sought-after rental suburb.
Secure, undercover
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First, the
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own DV board, the open-plan design combines lounge and bedroom for tenants
on the go!
While renovations are
needed to make this space shine, if you are looking for return on investment,
LOOK NO FURTHER!
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