New York Style - Ideal Investment

R 2,675,000

Can I afford this?
2 months ago84 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):62
Parking:Garage
Description
Exclusively presented by Tyson Properties.

This New York styled apartment located in the popular pocket of De Waterkant is ideal for Airbnb investment returns, or have the option of taking over a long term rental. This 1 bedroom apartment is stylish and sophisticated with the benefit of NO Load shedding. All investors welcome to add this sleek unit to their portfolio with great earning potential.

Apartment Features:

Fully Furnished unit
1 Bedroom
1 Bathroom
Modern and functional kitchen
Open planned living area
1 Balcony
Breathtaking mountain views
1 Private basement parking bay
Fibre internet infrastructure
Aluminium sliding doors and windows throughout
Lifts in the building
24/7 security and concierge
Industrial finishes to this modern apartment makes this packed with unique character.
*Currently tenanted till end January 2025 with a 3 calendar month notice period applicable.

Walking distance to The V&A Waterfront and an abundance of coffee shops and popular restaurants.

Let's Talk!

Property Reference #: RL71043

Agent Details:
Sheldon Lubbe
Tyson Properties
253 Main Rd
Sea Point
8060

Id Subtitle 1262359668
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Estimated monthly repaymentR 28,990
Total property loan amountR 2,675,000
Total interestR 4,282,400
Total repaymentR 6,957,400
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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