The Bats Spacious loft unit for sale perfect for first time property investor

R 380,000

Can I afford this?
1 year ago530 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Description
Property Address:
Dassie Rand, Potchefstroom
PRICE REDUCED ! ! !

Spacious loft style unit available in The Bats Potchefstroom.

At 46m2 this is one of the biggest loft units in The Bats!

This complex is located in Gerrit Maritz Street and offers easy access for Tenants to Witrand State Hospital, Department of Social Development offices, SANDF Military base & the Industrial area.

Offering CCTV Cameras security, Laundry facilities on site & security guard from 6 pm to 6 am daily.

This loft unit offers a kitchen/lounge area on the first floor with a bathroom featuring a shower. A small balcony leads out from Lounge. Bedroom with built in cupboards upstairs.

Ideal for first-time property investor this unit will almost cover your monthly bond repayment! Monthly rental income R3910 pm gross. Lease agreement in place until Dec 2023

1 x Covered Parking. The unit is fitted with prepaid electricity. Safety gate at the front door.

This unit is valued at R 510 000 and was sold in 2015 @ R 545 000.00

There are currently similar sized units in this complex on the market @ R500 000.

Now selling at a reduced price of R380 000!






Loft Unit
1 x Covered Parking
CCTV Cameras
Prepaid Electricity
Security Guard
Laundry facilities on site

Property Reference #: 408

Agent Details:
Varsity Agent
Varsity Rentals
108 Hoffman Street, Die Bult, Potchefstroom
Potchefstroom

Id Subtitle 1108555802
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Estimated monthly repaymentR 4,119
Total property loan amountR 380,000
Total interestR 608,341
Total repaymentR 988,341
Interest rate at 11.75% for 20 years *
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Selling for 7+ years
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