R 570 000
1.5 Bed Apartment in Musgrave
Incredible opportunity for investors or first-time homebuyers! This spacious apartment boasts one and a half bedrooms, a well-equipped kitchen with ample cupboards, and a fully furnished bathroom. With the added convenience of one open bay parking, this property is a gem. Located just opposite the DUT campus, it offers an ideal location for students.
What makes this investment even more appealing is its current use as student accommodation. Two students share the main bedroom, each paying R2500, while the occupant of the half bedroom rents it for R2800. With these rental incomes, the property practically pays for itself!
Plus, you'll enjoy easy access to public transport and the convenience of walking distance to Berea Center. Don't miss out on this fantastic investment opportunity!
Operating in terms of a franchise agreement with TYSON PROPERTY HOLDINGS (PTY) LTD
Property details
- Listing number T4290339
- Property type Apartment
- Erf size 577 m²
- Floor size 58 m²
- Rates and taxes R 553
- Levies R 1 170
Property features
- Bedrooms 1.5
- Bathrooms 1
- Lounges 1
- Security Post