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Property Details
- 1 bedrooms
- Floor Area: 71 Sqm
- 1032 levies + rates
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Property Description
DISTRESSED PROPERTY: Spacious 71sqm 1 bed flat in good condition located in the prime rental area of Berea for only R 150 000 due to seller facing financial distress (two units of the same size recently sold for R 180 000 and R 185 000 in this block). This deal offers a positive cash flow of around R 1 282 per month. Currently managed by PAL Properties, Westmorland is neat, secure and offers extremely high tenant demand. IMAGINE currently owns two 1 bed units in this block of the same size and are currently fetching R 3 400 rental per month per unit. Banks are currently bonding in Westmorland.
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Points of Interest
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BEREA, 11 Ss Westmorland, 38 Oreilly Road
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