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A Great investment opportunity
R 750,000
Can I afford this?
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20 days ago28 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):65
Parking:Garage
Description
Rawson Durban City presents a family home. This 3-bedroom apartment presents an excellent investment opportunity for discerning property investors. Situated within a securely monitored complex, it boasts round-the-clock security personnel and CCTV surveillance, ensuring peace of mind for residents.
Each of the three bedrooms comfortably accommodates two single beds, with some featuring built-in wardrobes for added convenience. The bathroom is elegantly appointed, with the toilet centrally positioned within the unit.
The kitchen is equipped with modern built-in cupboards and benefits from prepaid electrical services provided by the eThekwini municipality. An open-plan lounge area not only facilitates seamless interaction with the kitchen but also invites refreshing sea breezes from the nearby ocean.
Convenience extends to a secure undercover parking bay allocated to the apartment within the building premises.
Currently, the apartment yields an average monthly rental income of approximately R 9 000, further underscoring its potential as a lucrative investment opportunity.
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Property Reference #: 1251046
Agent Details:
Khumbulani Ntuli
Rawson Properties Durban City
82, Problem Mkhize Road, Durban, Essenwood, Kwazulu Natal
Each of the three bedrooms comfortably accommodates two single beds, with some featuring built-in wardrobes for added convenience. The bathroom is elegantly appointed, with the toilet centrally positioned within the unit.
The kitchen is equipped with modern built-in cupboards and benefits from prepaid electrical services provided by the eThekwini municipality. An open-plan lounge area not only facilitates seamless interaction with the kitchen but also invites refreshing sea breezes from the nearby ocean.
Convenience extends to a secure undercover parking bay allocated to the apartment within the building premises.
Currently, the apartment yields an average monthly rental income of approximately R 9 000, further underscoring its potential as a lucrative investment opportunity.
Like us on Facebook: rawsonpropertiesdurbancity
Needing a Comparative Market Analysis on your Property or Home Loan assistance, Contact Us Now.
Property Reference #: 1251046
Agent Details:
Khumbulani Ntuli
Rawson Properties Durban City
82, Problem Mkhize Road, Durban, Essenwood, Kwazulu Natal
Id Subtitle 1277615667
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Estimated monthly repaymentR 8,128
Total property loan amountR 750,000
Total interestR 1,200,673
Total repaymentR 1,950,673
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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Rawson Properties Durban City
Selling for 3+ years
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