1 Bedroom Apartment in Hillcrest

R 545 000

Liezel Britz

RE/MAX-Infoglobe

1 Bedroom Apartment in Hillcrest

R 545 000

55 rumours, 214 lunnon road
Can I afford this?
1 Beds
1 Baths
Floor Area 24 m²
Land Area 4621 m²
Rates R 280
Levy R 608

The Apartment

Very neat studio apartment in an upmarket building. The apartment is in good condition and needs minor attention. The open plan living area walks out on a balcony. The kitchen is modern and the bathroom has a shower, basin and toilet.

The price includes the exclusive right of use for an undercover parking bay.

The Building

The building is modern with architectural lines and colour schemes. The lift is in working condition and the security is exceptionally good with a 24/7 guarded access, roaming at night.

A good mix between tenants and end-user residents of all ages (not only students) making this the preferred accommodation. Students only tends to sometimes become noisy with all the parties.

The Area

This building is located in the hub of the student living centre walking distance to the main campus and most of the UP hostels. Only 1.2km from the Gautrain Hatfield Station, makes this an excellent investment opportunity with a consistently high rental demand.

LC de Villiers Sports Grounds and UP Experimental Farm less than 700m away.

SAPS Brooklyn is only 500m from the building with Hillcrest Boulevard opposite the road (Dischem, KFC, Woolies and Pickn Pay!) and Brooklyn Square Shopping Centre less than 500m away.

The Finances

The building is well managed by PropCloud with sound financials. With the high number of investors that invested in this building, levies and council accounts are up to date.

The current rent is R3950.00 but some of the studio apartments are let @ R2400 pp sharing = R4800pm. Water and electricity is metered and paid by tenant to control usage and avoid overcrowding.

Contact me to view this opportunity.

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Key Property Features

1
Bedrooms
1
Bathrooms
1
Covered Parkings
1
En-suite
5
Storeys
Access Gate
Balcony
BIC
Electric Fencing
Fenced
Kitchen
Paving
Satellite
Security Post

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1 Bedroom Apartment in Hillcrest

R 545 000

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