1 Bedroom Apartment in Selection Park

R 3 700 000

Jan van Nieuwenhuizen


1 Bedroom Apartment in Selection Park

R 3 700 000

1 Beds
1 Baths
1 Garages


*This block of flats consists of 10 one bedroom flats (57m2 each) and 2 two bedroom flats (84m2 each). It is ideally

located near the Springs CBD and therefore excellent for rental demand.

*The units have individual electricity meters.

*The one bedroom units can be rented out for at least R2,500 per month and the two bedroom units for not less than

R3,000 per month (R31, 000 for all 12 units per month R372,000 per year return on investment).

*A single lockup carport is available per unit plus extra 1 lockup carport and 5 open carports are available per

separate arrangement.

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Key Property Features

Access Gate
Water Included

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Interest at 10.5% for 20 years
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* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

Experience Springs

Although Springs is a predominantly industrial city, its suburbs are lush and leafy, with many trees, parks and open spaces giving it a suburban character. This neighbourhood offers a peaceful and quiet lifestyle, about 50km from Johannesburg. Founded as a coal and gold mining town in 1904, Springs has a rich history which can be seen in its older buildings that bring the past into the present. This is an economically diverse neighbourhood with employment opportunities in many industries ranging from manufacturing, to commerce, to hospitality and mining.

The windmill at Windmill Park in Springs
Find out more about Springs

1 Bedroom Apartment in Selection Park

R 3 700 000

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