The current rental income is R9500pm.
One year lease in place.
Current levies are R1700pm
So the asking price for this apartment at R835 000 is a wonderful opportunity.
A lovely 2nd floor newly tiled 2 bedroom apartment with some beautiful views of Table Mountain and a secure parking bay. The complex is well maintained and It''s within walking distance to Islamia College and all amenities.
Its a wonderful opportunity to get your foot in the door at this price as a first-time buyer or as an investor
The complex offers electric fencing,12 hour manned security, a caretaker on duty daily, and has access control and fiber. The kitchen has been refreshed , its fitted and its open plan to the lounge. There are 2 sizable bedrooms.
Both bedrooms are airy,newly tiled, and with built-in cupboards.
There''s a variety of schools in the surrounding area eg Islamia College Windsor and Rondebosch East Primary. It''s also close to Access Park and Kenilworth Center.
Zubi Kathrada is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.