R849,000
R849,000
Monthly Bond Repayment R8,908.18
Calculated over 20 years at 11.25% with no deposit.
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Attention, Investors! Investment Opportunity at Hotel Tzaneen!
This is a golden opportunity for newcomers seeking entry into the market. Presenting a 2-bedroom, 1-bathroom apartment located at Hotel Tzaneen, this property comes with a lucrative lease agreement firmly in place until 2030.
What sets this investment apart is the hassle-free ownership experience. Say goodbye to monthly expenses, as the property covers all levies and rates. Additionally, bid farewell to maintenance concerns, as the property ensures a seamless and worry-free ownership experience.
Generating a monthly rental income of R 5091.25, this investment promises not only financial stability but also the peace of mind that comes with a well-maintained and hassle-free property. The rent is managed by the Hotel Group and escalates by 5% yearly.
Don't miss out on this fantastic opportunity to step into the market with confidence!
Call Karin for an appointment.
Features
Interior
Exterior
Sizes
Extras
Fibre • Pets Not Allowed • Near Bus • High Speed Internet • Brick • Built In Appliances • Near Shops • Kitchen-Dinette • Near Shopping Mall • Upgraded Bathroom • Near Hospital • Good reachable traffic • Eat-in Kitchen • Air Conditioning Unit • North • Covered Parking
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