R395,000
R395,000
Monthly Bond Repayment R4,212.40
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Levy
R1,300
R1,300
Monthly Rates
R80
R80
Investment Bachelor Apartment in Wynberg
NEWLY RENOVATED - INVESTMENT PROPERTY - POSITIVE GEARING - EASY TO TENANT - WELL RUN BLOCK
Rental income: R5200 per month
Looking to expand your investment portfolio for a property that is positively geared with profits to be made on an annual rental income bases? This unit is for you. It is a bachelor apartment on the 3rd floor of Grand central and currently earns a rental income of R5200 per month.
Building and Amenities:
- The block has three lifts that operate during load shedding. Passage lights, security system and lifts all work during loadshedding.
- The complex is centrally located in the heart of Wynberg.
- 24 Hour fully guarded security
- On site building manager, who is available and communicative
- Biometric finger access.
- This unit comes with a parking bay
- Unit has prepaid electricity with water charged on a monthly basis
Features
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
30m²
Wynberg, Cape Town
Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
More Info
Get Email Alerts
Sign-up and receive Property Email Alerts of Flats for sale in Wynberg, Cape Town.
Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.