Floor Area 22 m²
Rates R 378
Levy R 1020
GREAT INVESTMENT WITH SECURE TENANT IN PLACE ON A LONG-TERM LEASE.
Are you looking for an investment that on a full bond of the asking price at 20 years the repayments are very close to the current rental price been achieved. It will take a couple of years with a current conservative 5% escalation for these two figures to catch up. There is a long-term lease of a year in place with a very good tenant paying R 3600.00 plus lights and water. They enjoy the well looked after apartment block with a common pool for residents to enjoy. 24-hour security guards take care of people coming in and out of this popular complex, that is very close to the Scottsville mall. Call the listing agent to arrange a viewing to see this great investment.
Key Property Features
1
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Dining Areas
✔
Kitchen
✔
Pool
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