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R689,000

Monthly Bond Repayment R7,229.37
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
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:Can potentially generate R8000 per month.
* 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

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
59m²
Extras
Unfurnished • Near Shopping Mall • Near Schools • Near Shops • Near Airport • Closed Circuit TV • Washing Facilities (in apartment) • Near Public Transportation • Built in Wardrobes • Fibre • Near Highway • Near Fitness centre • Built In Appliances • Near Bus • Near Golf Course • Near Medical Center • Lift-Elevator • Near Hospital • Near University/Campus • Near Railway station
 
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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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,229.37

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