Investor Apartment on Sale

R 475,000

Can I afford this?
1 year ago1138 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):27
Parking:Covered
Description
Numbers don't lie and neither does this investment. IT JUST MAKES SENSE.
Built to meet the high residential demand, we offer open plan apartments for the property investor, young professional and downsizing home owner.
Here are the numbers as to why we currently have limited units available.
Property : Bachelor Units 1st and 2nd Floor
Floor space: 27m²
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

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



Rates And Taxes: 283
Levies: 475
Security Features: Fence, Access Gate
Property Reference #: 3806028

Agent Details:
JJ Mtuse
Tshwane
Cosmopolitan Projects
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Id Subtitle 1094355494
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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 *
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Cosmopolitan Projects
Selling for 6+ years
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