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FULLY FURNISHED 2 X 1 BED APARTMENTS ON SINGLE TITLE DEED GROSSING R25K+ PER MONTH - IDEAL IN...
R 1,799,900
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1 year ago343 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):85
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Description
7 on Middle has a unique offering. The complex comprises a combination of owner occupied and fully furnished short-term managed rental apartments. This upmarket and exclusive complex is in the heart of Sandton with high demand for daily and weekly rentals. 7 on Middle has 247 security, elevators in all blocks, beautiful resident clubhouse area with chill zone, private gym, kids playground, swimming pool and covered parking for all apartments.
If you run an AirBnB business or are looking for exceptional returns on rental apartments then this is definitely worth a look. This particular apartment comprises 2 completely separate apartments on 1 title deed. The smaller "studio" is elegantly furnished with a kitchenette and separate bathroom with shower that's being rented out at a daily rate of ±R650 per day and is occupied more than 70% on any given month. The second apartment is a full 1 bed with full kitchen, lounge, covered balcony, Spacious bedroom and full bathroom being rented out at around R950 per day and is also occupied for most of any given month. The 2 apartments have both been furnished at a cost of just over R200k and the apartments are being sold with all furniture.
Viewing by appointment
Rates And Taxes: 1088
Levies: 2036
Property Reference #: 541
Agent Details:
Ryan Van Heerden
Ryans Realty
68 Albatross Drive, Fourways
If you run an AirBnB business or are looking for exceptional returns on rental apartments then this is definitely worth a look. This particular apartment comprises 2 completely separate apartments on 1 title deed. The smaller "studio" is elegantly furnished with a kitchenette and separate bathroom with shower that's being rented out at a daily rate of ±R650 per day and is occupied more than 70% on any given month. The second apartment is a full 1 bed with full kitchen, lounge, covered balcony, Spacious bedroom and full bathroom being rented out at around R950 per day and is also occupied for most of any given month. The 2 apartments have both been furnished at a cost of just over R200k and the apartments are being sold with all furniture.
Viewing by appointment
Rates And Taxes: 1088
Levies: 2036
Property Reference #: 541
Agent Details:
Ryan Van Heerden
Ryans Realty
68 Albatross Drive, Fourways
Id Subtitle 1211300523
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Estimated monthly repaymentR 19,506
Total property loan amountR 1,799,900
Total interestR 2,881,455
Total repaymentR 4,681,355
Interest rate at 11.75% for 20 years *
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Ryans Realty
Selling for 2+ years
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