1 Bed Apartment in Parow Central

R 679 000

Wesley Wilkinson

Harcourts-Dunn

1 Bed Apartment in Parow Central

R 679 000

Address: 81 clarendon street
1 Beds
1 Baths
Floor Area 30.31 m² Rates R 228 Levy R 515

Only 2 Units Remaining.

This development is centrally located and offers easy

access to the N1. Location is close to shopping malls, public transport, Saffier Primary school at Melomed, Tygerberg Hospitals. This development offers students the perfect place to call home as it is nearby Northlink College, CPUT, UWC, Unisa as well as Stellenbosch University Medical Campus.

Investing in bachelor apartments is the main entry-level apartment for tenants and investors alike.

The central location and affordable rent, ensure high rental demand. Investing in these apartments offers a 10% rental yield and is cash positive from year 1.

These in-demand, bachelor apartments (with a built-in cupboards), secure an excellent profitable investment opportunity. Kitchens are fitted with built-in oven and hob.

Take advantage of one of the best, legal tax incentive secrets available. Section13 sex of the Tax Act permits property investors an annual tax deduction.

WHY INVEST IN GOLDEN HEIGHTS?

-Transfer costs included.

-Only R 10,000 deposit.

-10% Rental Yield

-Buy directly from the developer.

-Projected monthly rental income R 5,500

-Projected rental income of R 66,000 per year.

-Bond Repayment from R 4,521.28 over 30 years.

-Up to 100% bond financing is available.

-Affordable levies of R 515.

-Building insurance and external maintenance are covered by levies.

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Key Property Features

1
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Dining Areas
1
Lounges
Access Gate
Electric Fencing

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Wesley Wilkinson

Wesley

Wilkinson

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1 Bed Apartment in Parow Central

R 679 000

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