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Apartment / Flat Sold By Us in Brackenfell, Brackenfell

ref# 579
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Asking Price : R 549 000 (27 518 EUR*) Province:Western Cape City:Brackenfell Suburb:Brackenfell Bedrooms:1 Bathrooms:1 Floor Size: ± 39m2 Rates:R 147 p/m Levies:R 706 p/m

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Excellent, stable rental income generator

Situated in the heart of Brackenfell within walking distance to malls, transport routes & all amenities as well as business sector, making this a high demand area for both live in owners, as well as tenants.
This property currently has a happy tenant until end of October, but would love to stay on if possible, making this an attractive, well managed investment with existing income stream.
The apartment itself if somewhat more spacious than many similar modern apartments. It also has the added bonus of having a bathroom with both bath & separate shower. The complex has a small swimming pool, laundromat and shade port parking bay, within a strictly managed security complex, with live in caretaker.

Have a look at the current investment figures:

  • Existing rental: R4320
  • Current levy: R706
  • Rates: R147
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