Tenanted 2 bedroom apartment giving immediate return on investment

R 1,695,000

Can I afford this?
13 days ago35 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):116
Parking:Garage
Description
Take advantage now of taking over a long-term tenant paying an exceptional rate.
Arbour Arch enjoys a prime location, nestled in the prestigious neighbourhood of Athlone right next to Redlands Estate, within close proximity to Athlone Circle shopping centre, Athlone Primary School, Carter High School, Cordwalles School, and Grey's Hospital, some even within walking distance. The future plans of the Arbour Arch precinct include a planned commercial development to enhance and enrich the lives of residents with a convenient living experience.
There are a few 1- and 2-bedroom units still available in phase 1 that can be occupied immediately, comprising a combination of 1 or 2 bathrooms, and some even with a loft. Contact me to arrange a viewing of all of the available units.
This particular unit boasts a modern and contemporary open-plan kitchen, seamlessly connected to a generous lounge area, and a balcony offering breathtaking views of the surrounding greenbelt. The two bedrooms showcase abundant built-in cupboard space, with the master bedroom enjoying the added luxury of an ensuite bathroom. The kitchen is thoughtfully designed with a built-in oven and hob for your convenience.
Each unit includes a designated storage room and comes standard with parking for two vehicles, either as a tandem undercover parking bay or tandem lock-up garage.
Don't miss the opportunity to make this your new home or wise investment choice. Call me today to schedule a viewing of all available units.

Property Reference #: 7002001-33681

Agent Details:
Darryl Schoeman
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274220001
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Estimated monthly repaymentR 18,369
Total property loan amountR 1,695,000
Total interestR 2,713,521
Total repaymentR 4,408,521
Interest rate at 11.75% for 20 years *
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