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Apartment / Flat Sold By Us in Bellville, Bellville

ref# 658
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Asking Price : R 599 000 (30 176 EUR*) Province:Western Cape City:Bellville Suburb:Bellville Bedrooms:2 Bathrooms:1 Floor Size: ± 50m2 Rates:R 150 p/m Levies:R 595 p/m

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Entry Level Rental Income Generator

OFFERS IN THE UPPER R500000's will be presented for consideration.

Great cash flow with this high yield investment property in the heart of Bellville. Public transport, shopping district & a wide variety of eateries all within a stone's throw from this small & well managed security complex. Happy existing tenant who would be happy to stay on.
If you are looking for a low risk, low cost entry level investment with a massive demand from an ever increasing tenant market, this is a great option.
HAVE A LOOK AT THE FIGURES FOR YOURSELF!

  • Monthly rental income: R6200
  • Levy: R595
  • Rates: +-R150
  • Netto monthly: R5455
  • Netto yearly: R65460
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  • THIS REPRESENTS A NETT YEARLY YIELD IN EXCESS OF 10%