Essential Investment Opportunity in Maitland

R 645,000

Can I afford this?
2 months ago119 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):55
Parking:Covered
Description
2 Bedroom Apartment in Maitland

This spacious 2-bedroom, 1–bathroom property has large scope to be the ideal investment property for any fortuitous investor looking to get his foot through the property investment door or expand his property portfolio; or any young couple, looking to make their first purchase.

Located in a safe and secure block, the apartment offers ample space and natural light. The modern, open-plan lounge and kitchen boasts ample cupboard and storage space. The living room is spacious and slides open onto a large balcony, ideal for hosting guests or relaxing after a long day.

The bedroom is large, with ample built in cupboards and the bathroom includes a shower, toilet and basin.

The perks do not stop there as this complex has added features of a lift, a pay-as-you-laundry, a hair salon, 24-hour security, fingerprint access in and out of the complex, secure parking bay, and many more.

Possible rental income ranging between R7000 - R8000 per month.

Don't miss out on this opportunity. Contact me Now!

Size: +/- 55 SQM

Levies: +/- TBC

Property Reference #: 5247003

Agent Details:
Trent Gibbons
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1262938791
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Estimated monthly repaymentR 6,990
Total property loan amountR 645,000
Total interestR 1,032,579
Total repaymentR 1,677,579
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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Quay1 International Realty
Selling for 2+ years
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