R689,000
R689,000
Monthly Bond Repayment R7,466.74
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R1,500
Ideal Investment Opportunity: High-Yield 1-Bedroom Apartment with Stunning Views
Investors, take note! This well-maintained 1-bedroom, 1-bathroom apartment offers an outstanding opportunity for a high-yield investment in a prime location. With a generous layout and excellent rental potential, this property is an ideal addition to your portfolio.Investment Highlights:
* High Rental Income:Currently generating R7000 per month from two reliable tenants, with potential to increase to R8000 per month once the current rental contract expires. This ensures a steady and lucrative return on investment.
* Prime Location:Situated on Voortrekker Road with stunning views of Table Mountain, this apartment is in a sought-after area that attracts quality tenants.
* Spacious and Functional Layout:Covering 59 sqm, the apartment includes a fair-sized bedroom and lounge. The lounge is rented as a second bedroom, maximizing rental income.
* Tenant-Ready:The bedroom features built-in cupboards, and the entire apartment is tiled for easy maintenance. The separate kitchen and bathroom, which includes a bath, basin, and toilet, are well-equipped and in excellent condition.
* Appealing Balcony:The lounge offers a balcony with beautiful views, enhancing the living experience and making it attractive to tenants.
This property not only promises high rental yields but also comes with good-paying, neat, and tidy tenants who take great care of the space. Don't miss out on this exceptional investment opportunity in a prime location. Contact us today to schedule a viewing and add this income-generating asset to your portfolio!
Features
Interior
Exterior
Sizes
Extras
Near Hospital • Near Shops • Near Airport • Near Golf Course • Lift-Elevator • Near Shopping Mall • Near Bus • Near Railway station • Built In Appliances • Closed Circuit TV • Near Schools • Near Fitness centre • Near Public Transportation • Fibre • Unfurnished • Built in Wardrobes • Near University/Campus • Washing Facilities (in apartment) • Near Highway • Near Medical Center
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.