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Apartment / Flat Sold By Us in Bellville, Bellville

ref# 551
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Asking Price : R 489 000 (24 511 EUR*) Province:Western Cape City:Bellville Suburb:Bellville Bedrooms:1 Bathrooms:1 Floor Size: ± 47m2 Rates:R 110 p/m Levies:R 571 p/m

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Excellent Rental Returns-Missed this 1st time round?

2nd CHANCES DON'T COME ALONG VERY OFTEN!!

Due to time wasters, this property is now back on the market, so here is your 2nd chance.

Very centrally located apartment in the heart of Bellville, right next to Sanlam Headoffice, public transport routes & a variety of shops & restaurants.
Central Square security complex if very sought after by working class tenants from the many places of business in te surrounding area, which means there will always be a high demand & good rental income guaranteed.
There is currently and existing tenant who would be happy to stay on, but should you be looking to buy for yourself to live in, two months notice can be given.

  • Monthly Rental: R4600
  • Rental commission: R460
  • Levy: R571
  • Rate & Taxes: R110
  • Nett monthly income: R3459
  • Nett yearly income: R41508
  • Nett yearly return on investment: 8.5%, from day one.
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  • PLEASE NOTE. VIEWING ONLY BY APPOINTMENT FOR QUALIFIED, SERIOUS BUYERS AS WE RESPECT THE PRIVACY OF THE GOOD TENANT, CURRENTLY IN OCCUPATION. EMAIL ME ONLY ONCE YOU HAVE DECIDED THE LOCATION IS SUITABLE, READ THE DESCRIPTION & VIEWED DETAILS & PHOTOS ONLINE & DECIDED THIS WOULD BE A SUITABLE PROPERTY, SO THAT WE CAN ARRANGE A VIEWING.