Property description
Sound investment. One bedroom unit in Hermana Court. A great building and a favourite amongst residents and investors in Berea. Good security and basement parking.
The property occupies a tenant that pays R4000-00 rental excluding utilities.
The apartment has one bedroom with cupboards. Enclosed balcony that is utilised as a second bedroom , separate bathroom with bath basin, separate toilet. Seperate kitchen with cabinets. The is maintenance needed in the property. A maintenance quote can be supplied on request.
Levy is R1160,71 p.m.
As an investment, the following calculations might surprise you:
18% R.O.I Nett with a R4000-00 rental on a R160 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.
