1 Bedroom Apartment in Arcadia

1 Bedroom Apartment For Sale

This 1 bedroom apartment in Arcadia, Pretoria, offer a lounge and bedroom with a big kitchen. A well managed complex with low levy amount per month of R1150, the unit has stable tenants and good rental income of R5000 per month, very good investment.

Below is current rental Performance:

Monthly Rental : R5000

Annual Gross Rental : R60000

Monthly Levy : R1,150

Municipality rate : R 150

Total monthly Costs R 1,500

Net monthly income : R3,500

Net Annual Income : R42,000

It does not get better than this, very secured complex, prominant location on the main road provide excellent accessibility to major routes and surrounding sburbs, apartments in Arcadia fringe are typically purchased by investors seeking strong rental yierds, so if you are one of those take this opportunity now!