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5 Unit Apartment Complex Patience Street Sydenham
R 3,000,000
Can I afford this?
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12 days ago36 views
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General Details
Location:
For Sale By:Agency
Available From:19/04/2024
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Parking:Secure Parking
Description
This is an exciting investment opportunity in Sydenham.
Boasting a 5 rental apartment complex , 2 of which were recently built. This complex currently netts a monthly rental income of R27000.
The units comprise of the following:
Unit 1:
2 Bedrooms with BICs
1 bathroom with cistern, basin and shower
Kitchen with stove and BICs
Open plan Lounge
Tiled floors throughout the apartment.
Unit 2:
2 Bedrooms with BICs
1 bathroom with cistern, basin and shower
Kitchen with stove and BICs
Open plan lounge
Unit 3:
3 Bedrooms (1 with BICs )
1 bathroom - cistern basin and shower
Lounge
Kitchen with BICs(No stove)
Dining room
1 extra room currently used as storage
Outside braai facility
Unit 4:
2 bedrooms
Kitchen with BICs
Bathroom
Lounge
Outside braai facility
Unit 5:
2 Bedrooms
Kitchen with BICs
Bathroom
Lounge
Secure parking in complex with remote controlled access to the premises
Prepaid water and electricity for all units.
For more information or to arrange a viewing please contact Afiya Davids on 0832615398.
Id Subtitle 1274306334
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RECALCULATE
Estimated monthly repaymentR 32,512
Total property loan amountR 3,000,000
Total interestR 4,802,691
Total repaymentR 7,802,691
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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Zaid Davids
Selling for 8+ years
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