Apartment / Flat For Sale in Bellville

ref# 551
Share
Asking Price : R 489 000 (33 493 EUR*)

Mortgage calculator

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

Monthly repayment:
Province:Western Cape City:Bellville Suburb:Bellville Bedrooms:1 Bathrooms:1 Floor Size: ± 47m2 Rates:R 110 p/m Levies:R 571 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

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.
  •  
  • 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.