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Investment Bachelor Apartment in Wynberg
R 395,000
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2 months ago187 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):30
Parking:Covered
Description
NEWLY RENOVATED - INVESTMENT PROPERTY - POSITIVE GEARING - EASY TO TENANT - WELL RUN BLOCK
Rental income: R5200 per month
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 unit is for you. It is a bachelor apartment on the 3rd floor of Grand central and currently earns a rental income of R5200 per month.
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 #: 6338545
Agent Details:
RS Quay 1
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Rental income: R5200 per month
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 unit is for you. It is a bachelor apartment on the 3rd floor of Grand central and currently earns a rental income of R5200 per month.
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 #: 6338545
Agent Details:
RS Quay 1
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1262938297
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Estimated monthly repaymentR 4,281
Total property loan amountR 395,000
Total interestR 632,355
Total repaymentR 1,027,355
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
Total Ads741
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