Apartment / Flat For Sale in Brackenfell, Cape Town

ref# 579
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Asking Price : R 549 000 (33 373 EUR*)

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

Monthly repayment:
Province:Western Cape City:Cape Town Suburb:Brackenfell Bedrooms:1 Bathrooms:1 Floor Size: ± 39m2 Rates:R 147 p/m Levies:R 706 p/m

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  • 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
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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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