Great Investment Opportunity in Maitland!

R 499,000

Can I afford this?
24 days ago107 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):30
Parking:Covered
Description
Welcoming Offers from R 499 000

Do not miss this Great Ground Floor Investment Opportunity in Maitland !

With the new Amazon building and offices coming into play, this location will be a highly sought after medium to long term investment.

Located in the ever expanding, hustle and bustle of Maitland, a stone's throw away from the CBD making it very convenient for commute, This ground floor 1-bedroom, 1–bathroom property has large scope to be turned into 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, ideal for hosting guests or relaxing after a long day. The bedroom is large in space and pristine views of the neighborhood from the window.

The bathroom includes a shower, toilet and basin.

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

Possible rental income ranging between R5000 - R6500 per month.

Size: +/- 30 sqm

Offers from R 499 000

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

Property Reference #: 6148396

Agent Details:
Quay 1 Property Specialist 5
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1277950095
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Estimated monthly repaymentR 5,408
Total property loan amountR 499,000
Total interestR 798,848
Total repaymentR 1,297,848
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
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