Apartment / Flat For Sale in Bellville, Bellville

ref# 733
Email a Friend Share
Asking Price : R 509 000 (30 942 EUR*)

Mortgage calculator

Deposit (R) Repayment period (years) Interest rate (%)

Monthly repayment:
Province:Western Cape City:Bellville Suburb:Sanlamhof Bedrooms:1 Bathrooms:1 Floor Size: ± 46m2 Rates:R 100 p/m Levies:R 575 p/m

select a 2nd currency

  • Menno van Mechelen, estate agent

    Agent : Menno van Mechelen

    [ c ] +27 (0)82 465 1057
    [ t ] +27 (0)21 910 3300
    menno@webafrica.org.za
    View all agent's properties

    Menno's Tips for buyers in a seller's market: You Tube

    View Menno's Latest Property updates on: Facebook
    View Menno's Property Videos on :           You Tube

BUY TO LET INVESTMENT income generator

OFFERS IN THE REGION OF R509000 & R519000 MAY BE CONSIDERED.

Read carefully as this is and existing rental property package & not suitable to move in yourself unless you wish to wait until September 2019 when the lease ends.

IF YOU ARE AN INVESTOR LOOKING FOR A GREAT RENTAL INCOME GENERATOR, READ ON:

This one bedroom duplex apartment is situated right next to Sanlam Head Office, ABSA, shopping centers, places of work and easy access to public transport. In an ever more popular area that is part of the inner city rejuvenation, this is always bound to have a steady demand from tenants.

The existing managing agents, as well as rental agent have a good, pro active management system and ensure that tenants a well screened. The existing tenant is happy there and wishes to stay on.

LET THE FIGURES SPEAK FOR THEMSELVES:

  • Gross Rental income: R5100
  • Agent's comm: R510
  • Levy: R575
  • Rates: R100
  • Nett rental income pm: R3910
  • Yearly nett income: R47000 or yield of around 9,23% in year one!!