Property description
Sound investment. Two bedroom unit in Tygerberg. A great building and a favourite amongst residents and investors in Berea. Good security and basement parking.
The property is empty at the moment and needs maintenance. A quote can be supplied on request. If fixed it can produce a rental income of up to R6000-00 p.m
The apartment has two bedrooms with cupboards. First separate bathroom with shower basin, second bathroom has separate toilet. Separate kitchen with cabinets. The living area is subdivided into 3 separate sleeping quarters.
Levy is R1713,85 p.m. CSOS is R24.28 and the Reserve fund levy is R268,38.
As an investment, the following calculations might surprise you:
19% R.O.I Nett with a R6000-00 rental on a R185 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
WE ARE REGISTERED WITH THE PPRA FFC NUMBER 0746087
TRUTS ACCOUNT OPERATIVE
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
