1 Bedroom Apartment in Bellville Central

R 489 000

Menno van Mechelen

Marlene Ezio Properties

1 Bedroom Apartment in Bellville Central

R 489 000

central square, strand road
Can I afford this?
1 Beds
1 Baths
Floor Area 47 m²
Rates R 110
Levy R 571

Excellent Rental Returns-Missed this 1st time round?

2nd CHANCES DON'T COME ALONG VERY OFTEN!!

Due to time wasters, this property is now back on the market, so here is your 2nd chance.

Very centrally located apartment in the heart of Bellville, right next to Sanlam Headoffice, public transport routes & a variety of shops & restaurants.

Central Square security complex if very sought after by working class tenants from the many places of business in te surrounding area, which means there will always be a high demand & good rental income guaranteed.

There is currently and existing tenant who would be happy to stay on, but should you be looking to buy for yourself to live in, two months notice can be given.

Monthly Rental: R4600

Rental commission: R460

Levy: R571

Rate & Taxes: R110

Nett monthly income: R3459

Nett yearly income: R41508

Nett yearly return on investment: 8.5%, from day one.

PLEASE NOTE. VIEWING ONLY BY APPOINTMENT FOR QUALIFIED, SERIOUS BUYERS AS WE RESPECT THE PRIVACY OF THE GOOD TENANT, CURRENTLY IN OCCUPATION. EMAIL ME ONLY ONCE YOU HAVE DECIDED THE LOCATION IS SUITABLE, READ THE DESCRIPTION & VIEWED DETAILS & PHOTOS ONLINE & DECIDED THIS WOULD BE A SUITABLE PROPERTY, SO THAT WE CAN ARRANGE A VIEWING.

Rates :R110

Levies :R571

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Key Property Features

1
Bedrooms
1
Bathrooms

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Menno van Mechelen

Menno

van Mechelen

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Experience Bellville

The residential suburb of Bellville is just 25 kilometres outside Cape Town, with majestic views over the winelands and the Stellenbosch Mountains. Living in Bellville is convenient and ideal for families and visitors alike, as the CBD and various shopping centres are just around the corner. The area and houses are well established, providing a safe and friendly atmosphere. Many young entrepreneurs, students and families live here, giving the area a balanced variety of residents. Many famous South African bands hail from Bellville, so it's gained the nickname Bellville Rock City.

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1 Bedroom Apartment in Bellville Central

R 489 000

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