2 Bedroom Apartment for Sale in Strand - Ideal opportunity for Investors of First-Time Buyers

R 715,000

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5 months ago86 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):43
Parking:Covered
Description
Discover a prime investment opportunity or a perfect first purchase in the heart of Strand with this exceptional 2-bedroom apartment located on the second floor of Strand Close.

This property is tailor-made for both first-time buyers and savvy investors. Boasting a full bathroom and two comfortable bedrooms, it provides an ideal living space. The strategic location in proximity to Strand adds to its allure. What sets this property apart is the existing lease agreement with an excellent tenant. The current lease extends until 31/03/2024, and the tenant has expressed a keen interest in renewing the lease if the property is acquired by an investor. The stability of a reliable tenant ensures a hassle-free transition for investors, coupled with the appeal of a steady rental income.
Seize the opportunity to secure this property that combines the benefits of a reliable tenant, rental income, and a desirable location.

Property Reference #: JRL13251

Agent Details:
Sulandi Labuschagne
Jawitz Properties
Shop 8
95 Beach Road
Strand

Id Subtitle 1250778244
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Estimated monthly repaymentR 7,749
Total property loan amountR 715,000
Total interestR 1,144,642
Total repaymentR 1,859,642
Interest rate at 11.75% for 20 years *
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Jawitz Properties
Selling for 3+ years
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