R255,000
R255,000
Monthly Bond Repayment R2,719.40
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Levy
R1,174
R1,174
NEAT UNIT WITH VERY GOOD RENTAL YIELD OF 18%, PERFECT FOR INVESTORS!!
Large 74 sqm 1 converted to 3 bedroom flat in good condition. The main bedroom is very spacious with built in cupboards, spacious lounge which is divided by dry wall to make a 2nd and 3rd bedroom, kitchen, bathroom and separate toilet. This deal is great for investors as it also benefits from prepaid electricity helping to keep expenses low.
The building is currently being well managed by PAL Properties and has undergone a speedy recovery in the past 3 years. PAL Properties is very well known for their sound management approach and track record. This block is very popular with tenants due to its location being within close proximity to all local amenities including shopping centres, schools, clinics etc The building is also in close proximity to Ellis Park stadium as well as Wits university. The building benefits from 24 hour security and access controlled gates.
Levy: R 1174.48 pm
Sewerage: R 370.00 pm
Reserve Fund Levy: R 183.90 pm
CSOS Levy R13.49 pm
Current Rental: R 5 500 pm
Features
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
75m²
Get Email Alerts
Sign-up and receive Property Email Alerts of Flats for sale in Berea, Johannesburg.
Disclaimer: While every effort will be made to ensure that the information contained within the IMAGINE Properties website is accurate and up to date, IMAGINE Properties 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.