1 Bedroom apartment in Beverley For Sale

R 799,000

Can I afford this?
3 months ago71 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):57
Description
The description you provided outlines a compelling investment opportunity for a 1-bedroom, 1-bathroom apartment in the Beverley bordering Lonehill area. Here are some key points and considerations for potential investors. This property already has a tenant.

Location: The property's location in the Beverley bordering Lonehill area seems desirable, offering access to various amenities and facilities, including schools, shopping centers, medical facilities, and major highways. The proximity to Lonehill Park and the nature reserve adds to the appeal.

Security and Facilities: The presence of 24/7 guarded security, a clubhouse with a swimming pool, braai facilities, and additional amenities like an onsite laundry facility contribute to the overall safety and comfort of residents. These features can enhance the property's attractiveness to potential tenants.

Complex Features: The Tequila Sunrise complex's well-managed and maintained environment, along with its age and the total number of living units, suggests a stable and established living community.

Interior Features: The modern and stylish design of the apartment's interior, along with ample natural sunlight and a balcony offering picturesque views, can be appealing to potential tenants. The inclusion of fiber-optic internet is a contemporary feature that enhances connectivity.

Convenience: The convenient access to various facilities such as shopping centers, medical facilities, and recreational areas, as well as proximity to major highways and Lanseria Airport, adds value to the property in terms of convenience.

Rental Income Potential: With a tenant already in place, this investment opportunity provides immediate rental income, making it attractive for investors seeking cash flow.

Market Trends: It's important for potential investors to research current real estate market trends in the Beverley, Lonehill, and surrounding areas to ensure that the investment aligns with broader market conditions.

Viewing and Due Diligence: Interested investors should schedule a viewing to assess the property firsthand. Additionally, conducting thorough due diligence, including reviewing financials, maintenance records, and any potential future developments in the area, is crucial before making a decision.

If you're interested in this investment opportunity, call Neetha Harilall Somaru to schedule a private viewing.


Rates And Taxes: 725
Levies: 1659
Has Pool
Property Reference #: ENT0268055

Agent Details:
Neetha Somaru
KW Explore
32 Roos Street, Fourways Golf Park, Gleneagles Building, Fourways, Fourways, Sandton, Gauteng, 205

Id Subtitle 1259984110
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Estimated monthly repaymentR 8,659
Total property loan amountR 799,000
Total interestR 1,279,117
Total repaymentR 2,078,117
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