R390,000
R390,000
Monthly Bond Repayment R4,092.10
Calculated over 20 years at 11.25% with no deposit.
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BACHELOR APARTMENT for INVESTORS FOR SALE
This charming bachelor apartment presents an exceptional opportunity for first-time investors looking to enter the property market. Situated in a prime location, this unit is perfect for those aiming to build a solid real estate portfolio with minimal initial risk.
The apartment is very well presented, featuring ample built-in cupboards in both the kitchen and bedroom. These built-ins provide generous storage space, ensuring the unit remains clutter-free and organized.Spacious Bathroom:The modern bathroom is spacious and elegantly designed.Great Location:Nestled in a vibrant neighbourhood, the property is close to public transport, shops, restaurants, and other essential amenities. This prime location ensures a steady demand from potential tenants, contributing to a reliable rental income.Investment PotentialCurrent Tenancy:The apartment is currently tenanted, providing immediate rental income for the new owner. This existing lease agreement eliminates the initial hassle of finding tenants and ensures a smooth transition for investors.High Yield:With an impressive rental yield, the combination of low maintenance costs and high rental demand makes it a lucrative investment choice.
–KITCHEN
–LOUNGE
–BEDROOM
–BATHROOM
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Features
Interior
Sizes
Extras
Near Beach • Pets Not Allowed • Upgraded Bathroom • Fire Escape • Brick • Near Shops • Sea • Washing Facilities (in apartment) • Near Motorway • Near Park • Renovated • Near Bus • Near University/Campus • By the sea • Unfurnished • Built in Wardrobes • Near Public Transportation • Fibre • Near Fitness centre • Near Shopping Mall • Shower
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