- 2
- 1
- 68 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 40.00
Monthly Levy: ZAR 893.00
Property description
AFFORDABLE, WELL LOCATED ALREADY TENANTED
Looking for an affordable property with immediate rental appeal and excellent convenience
This fairly spacious north-facing ground-floor apartment offers a compelling opportunity for both the first-time buyer and the investor.
Situated in a small block of approximately 8 units, the property is positioned along Prairie Street, a Metrobus route, and is just around the corner from Rosettenville Junction Mall.
The location places an extensive range of everyday amenities right on your doorstep.
THE APARTMENT OFFERS
2 bedrooms
Spacious lounge
Fitted kitchen
Bathroom with bathtub, toilet and basin
Open balcony
Open parking
North-facing aspect
Ground-floor convenience
Post-paid electricity
INVESTMENT APPEAL
The apartment is currently tenanted, providing an opportunity for an investor to acquire an income-producing asset.
Potential rental income: approximately R5 500 per month.
With an asking price of only R350 000, this is an attractive entry point for someone looking to establish or expand a residential property portfolio.
LOCATION ADVANTAGE
The property is conveniently positioned close to:
Rosettenville Junction Mall
Metrobus route
Taxi routes
Take-away outlets
Schools
Doctors' rooms
Metro Police post
Hospital
Places of worship
Shops and everyday amenities
Convenience is certainly one of this property's strongest features.
WHY CONSIDER THIS PROPERTY
Affordable asking price of R350 000
Spacious 68sqm apartment
North-facing
Ground-floor unit
Small block of approximately 8 units
Very low rates of only R40
Low levy of R893
Currently tenanted
Potential rental income of approximately R5 500
Excellent location close to transport and amenities
A SMALL PRICE TAG WITH BIG INVESTMENT POTENTIAL
For the buyer looking for an affordable first property, or the investor searching for a reasonably priced rental asset in an established location, this apartment deserves serious consideration.
At R350 000, opportunities like this don't come around every day.
Contact us today to arrange a viewing.
Property Details
- 2 Bedrooms
- 1 Bathrooms
- 1 Lounges
Property Features
- Balcony
- Kitchen
| Bedrooms | 2 |
| Bathrooms | 1 |
| Floor Area | 68 m2 |
