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Apartment / Flat Sold By Us in Bellville, Bellville

ref# 754
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Asking Price : R 619 000 (31 183 EUR*) Province:Western Cape City:Bellville Suburb:Sanlamhof Bedrooms:2 Bathrooms:1 Floor Size: ± 65m2 Rates:R 150 p/m Levies:R 813 p/m

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LOW SHORTFALL INVESTMENT-Existing Lease

OFFERS IN THE UPPER R500000's to ASKING PRICE OF R619000 MAY BE CONSIDERED.

INVESTORS WHO WILL TAKE OVER GOOD TENANT ONLY NEED APPLY.

Excellent rent to value ratio. See the figures below.
Situated in a small, well managed complex with reasonable levies and a great demand for rental properties, making this an affordable entry level investment.

The apartment has 2 spacious bedrooms, lovely lounge/dining room with open plan kitchen, as balcony, nice views and to top it all a bathroom with bath & separate shower.

The apartment has its own secure parking bay within the security complex with cell to gate access control. There is a small communal laundromat with coin operated machines, as well as a refuse room with access from the outside of complex for removal of refuse.

Central Square is well managed and always in neat shape and presentable condition ensuring it's popularity among decent, working class tenant. Of course the central location with easy access to all amenities, restaurants, transport and places of work, including Sanlam Head Office make it all the more popular.

HASSLEFREE "TAKE OVER INVESTMENT" SO HURRY OR YOU'LL BE SORRY!

  • Lease at: R6300 until 31 Oct 2019
  • Levy: R813
  • Rates: R150
  • Rental admin: R630
  • Nett income yearly: R56484 (9,5% in year one)
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