INVESTMENT PROPERTY

R 550,000

Can I afford this?
5 months ago321 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):3780
Parking:Garage
Description
Investment Opportunity with Excellent Returns in a Prime Location

Welcome to this exceptional investment opportunity that promises lucrative returns in a highly sought-after location. Situated in a quiet area, this partitioned apartment offers an array of enticing features that will surely attract discerning investors like yourself.

Convenience is key, and this property ticks all the boxes. Boasting a prime location, it is strategically positioned just opposite prestigious hospitals such as Jakaranta Hospitals and Zuid Afrikans hospital, as well as a host of other essential amenities. Residents will enjoy easy access to everything they need right at their doorstep.

The PALM COURTS complex, where this apartment is nestled, is renowned for its well-maintained and clean environment. The management takes pride in ensuring that the property is kept in pristine condition, offering residents a pleasant living experience.

One of the key highlights of this area is its tranquility, making it an attractive destination for those seeking a peaceful and serene living environment. Moreover, its close proximity to a wide range of amenities further enhances its appeal.

What sets this investment opportunity apart is its impressive monthly passive income. Currently generating an astounding R8000 per month, this property guarantees a steady flow of income from day one. With such strong demand for accommodation in this complex, tenants are eager to secure a spot and seldom wish to move out due to the unparalleled convenience it offers.

Don't miss out on this extraordinary chance to make a wise investment that yields exceptional returns. Contact us today to arrange a viewing and discover the endless potential that awaits you in this prime location.

# Parking: 1
Rates And Taxes: 300
Levies: 1800
Has Garden
Property Reference #: 2199335

Agent Details:
Bongani Baloyi
Karis Properties
553 Jacqueline Drive,
Garsfontein,
Pretoria East,
0042
Constantia Park
181
Id Subtitle 1246690886
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Estimated monthly repaymentR 5,961
Total property loan amountR 550,000
Total interestR 880,494
Total repaymentR 1,430,494
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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Karis Properties
Selling for 5+ years
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