R649,000
Monthly Bond Repayment R6,809.67
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,500
R150
Montana - Ideal Investment Opportunity and Perfect Starter Home
SOLE MANDATE: This charming 1-bedroom, 1-bathroom apartment is not only an inviting living space in a prime location, but it also offers attractive return-on-investment potential for first-time buyers and savvy investors alike.Key Investment Highlights:
Strong Rental Demand: Located along bustling Voortrekker Road, this property benefits from high tenant demand due to its proximity to public transport, shopping centers, and local amenities. This convenient setting makes it easy to attract reliable tenants, ensuring steady rental income.
Affordable Ownership with Growth Potential: With a low-maintenance 59 sqm layout, this apartment is a manageable first investment. The well-maintained condition means reduced upkeep costs, and the growing popularity of the area suggests potential for capital appreciation over time.
Rental Parking Option: A rental parking bay for R650 per month, which can be transferred from the current owner, adds further convenience and appeal to tenants or owners who require secure parking.Property Features:
Spacious Living Area: The cozy bedroom with built-in cupboards and a generously sized lounge makes for an easy rental or comfortable home. The lounge extends onto a private balcony, where you can take in stunning views of Table Mountain.
Modern, Practical Design: The separate, well-equipped kitchen and neatly tiled bathroom make everyday living simple and low-cost to maintain.
Outdoor Enjoyment: The balcony provides a peaceful space to relax, while the complex includes communal braai facilities for added leisure options, making this property a delightful living experience.Why This Property is Perfect for First-Time Buyers:
With affordable entry into the market and potential for future value growth, this apartment is ideal for first-time buyers looking to build equity instead of renting. Its manageable size and functional design make it a straightforward and rewarding choice for those taking their first steps into property ownership.
Don’t miss this exceptional opportunity to own a slice of prime real estate in a high-demand area!Contact us today to schedule a viewing and start planning your future in this inviting, well-located apartment.
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Near University/Campus • Unfurnished • Built in Wardrobes • Near Schools • Near Highway • Near Hospital • Near Airport • Near Shopping Mall • Fibre • Lift-Elevator • Upgraded Bathroom • Near Fitness centre • Washing Facilities (in apartment) • Near Public Transportation • Mountain • Balcony • Closed Circuit TV • Near Medical Center • Near Railway station • Near Golf Course • Near Shops • Near BusGet Email Alerts
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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.