Investor apartment for less than R500 000

R 475,000

Can I afford this?
2 years ago982 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):29
Parking:Covered
Description
Eden Security Estate is looking for property investors for the current development.

Investor Numbers
Property : Bachelor Units 1st and 2nd Floor
Floor space: 29m²
Price: R475 000 (no transfer duty)
Rental: R4300
Levy: R445
Rates: R283
Net rental return: 8.7%per annum
Total return on investment: 14% per annum

733 Gwendolen Rd, Wolmer, Pretoria, 0182

Book a telephonic or viewing with J.J. for any further details.

Rates And Taxes: 283
Levies: 445
Security Features: Access Gate
Property Reference #: 3774739

Agent Details:
JJ Mtuse
Tshwane
Cosmopolitan Projects
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Id Subtitle 1067135031
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Estimated monthly repaymentR 5,148
Total property loan amountR 475,000
Total interestR 760,427
Total repaymentR 1,235,427
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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Cosmopolitan Projects
Selling for 6+ years
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