Monthly Bond Repayment R32,500.37
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL20915
Great investment opportunity!
These newly built apartment units are the perfect investment for someone looking to earn some extra rental income.
The building is divided into 4 one-bedroom apartments (R5500 rental income per month each) and 1 two-bedroom apartment (R8000 rental income per month) but can easily be turned into a single spacious house if it better suites your needs.
Each apartment is designed with a modern touch, has its own entrance, an open plan kitchen and is equipped with a gas hob and pre-paid electric meters.
There is a paved parking space for 5 cars and the yard is secured with electric fencing and additional security with 24-hour armed response.
Beneficially, each apartment already has tenants in place.