1 Bedroom apartment in Wynberg

R 499,000

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1 month ago140 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):45
Parking:Covered
Description
INVESTMENT PROPERTY - POSITIVE GEARING - EASY TO TENANT - WELL RUN BLOCK

Looking to expand your investment portfolio for a property that is positively geared with profits to be made on an annual rental income bases? This 1 bedroom tiled unit is for you. It is on the 4th floor of Grand central and currently earns a rental income of up to R7000 per month.

This apartment comes with a large Balcony that is very sought after in the block and views that are beautiful to enjoy.

Building and Amenities:

- The block has three lifts that operate during load shedding. Passage lights, security system and lifts all work during loadshedding.

- The complex is centrally located in the heart of Wynberg.

- 24 Hour fully guarded security

- On site building manager, who is available and communicative

- Biometric finger access.

- This unit comes with a parking bay

- Unit has prepaid electricity with water charged on a monthly basis

Property Reference #: 6382432

Agent Details:
RS Quay 1
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1267200205
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Estimated monthly repaymentR 5,408
Total property loan amountR 499,000
Total interestR 798,848
Total repaymentR 1,297,848
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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Quay1 International Realty
Selling for 2+ years
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