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1 Bedroom apartment in Menlo Park For Sale
R 1,315,000
Can I afford this?19 Photo(s)
27 days ago25 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):57
Parking:Garage
Description
Introducing a chic and contemporary one-bedroom apartment nestled in the vibrant neighborhood of Menlo Park! This unique living space boasts a harmonious blend of modern design and functionality, catering perfectly to the dynamic lifestyles of young professionals and students alike.
Step into the inviting ambiance of this apartment, featuring a spacious bedroom complete with its own en-suite bathroom, providing utmost privacy and comfort. The open-plan living area seamlessly connects to a covered balcony, offering a bright and airy atmosphere for relaxation or entertaining guests.
Prepare your favorite meals in the sleek and stylish kitchen, adorned with granite countertops and equipped with modern appliances. Say goodbye to power outages with the added convenience of a battery inverter, ensuring uninterrupted living even during load shedding. Plus, stay cool and comfortable year-round with the included air-conditioning unit.
Security is paramount in this well-established complex, boasting surveillance cameras and peace of mind for residents. Enjoy easy access to Atterbury, Lynnwood, and the N1, along with proximity to premier schools, hospitals, shopping malls, and the esteemed University of Pretoria.
This apartment presents a lucrative investment opportunity, currently tenanted with a monthly rental income of R9000. Offered furnished for your convenience, this turnkey property also includes a covered carport, prepaid electricity, DSTV, and fiber readiness.
For 3 years:
Total rental income after 3 years = R9000 * 12 * 3 = R324,000
For 5 years:
Total rental income after 5 years = R9000 * 12 * 5 = R540,000
For 10 years:
Total rental income after 10 years = R9000 * 12 * 10 = R1,080,000
For 20 years:
Total rental income after 20 years = R9000 * 12 * 20 = R2,160,000
# Parking: 1
Rates And Taxes: 600
Levies: 1265
Property Reference #: ENT0277370
Agent Details:
Uhuru Matlhaji
KW Edge
Boardwalk Office Park Boardwalk Blvd, Faerie Glen, Pretoria, Gauteng, 0043
Step into the inviting ambiance of this apartment, featuring a spacious bedroom complete with its own en-suite bathroom, providing utmost privacy and comfort. The open-plan living area seamlessly connects to a covered balcony, offering a bright and airy atmosphere for relaxation or entertaining guests.
Prepare your favorite meals in the sleek and stylish kitchen, adorned with granite countertops and equipped with modern appliances. Say goodbye to power outages with the added convenience of a battery inverter, ensuring uninterrupted living even during load shedding. Plus, stay cool and comfortable year-round with the included air-conditioning unit.
Security is paramount in this well-established complex, boasting surveillance cameras and peace of mind for residents. Enjoy easy access to Atterbury, Lynnwood, and the N1, along with proximity to premier schools, hospitals, shopping malls, and the esteemed University of Pretoria.
This apartment presents a lucrative investment opportunity, currently tenanted with a monthly rental income of R9000. Offered furnished for your convenience, this turnkey property also includes a covered carport, prepaid electricity, DSTV, and fiber readiness.
For 3 years:
Total rental income after 3 years = R9000 * 12 * 3 = R324,000
For 5 years:
Total rental income after 5 years = R9000 * 12 * 5 = R540,000
For 10 years:
Total rental income after 10 years = R9000 * 12 * 10 = R1,080,000
For 20 years:
Total rental income after 20 years = R9000 * 12 * 20 = R2,160,000
# Parking: 1
Rates And Taxes: 600
Levies: 1265
Property Reference #: ENT0277370
Agent Details:
Uhuru Matlhaji
KW Edge
Boardwalk Office Park Boardwalk Blvd, Faerie Glen, Pretoria, Gauteng, 0043
Id Subtitle 1278717609
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Estimated monthly repaymentR 14,251
Total property loan amountR 1,315,000
Total interestR 2,105,180
Total repaymentR 3,420,180
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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KW Edge
Selling for 1 year
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