0.5 Bedroom Flat Sold in Rondebosch

R1,075,000

Monthly Bond Repayment R11,649.85
Calculated over 20 years at 11.75% with no deposit.

Web Ref No AB-338824

Priced to sell! Owner paid R 1 237 500. Secure block in sought after part of Rondebosch/Newlands

SOLE MANDATE!! Currently tenanted at R7500 for 12 months. Excellent 8.5% rental yield. The block is located in a prime area with walking distance to Newlands Rugby Stadium, Cavendish Shopping Centre, top restaurants, Riverside Mall, Jamie Shuttle for UCT and Varsity Colleges.

Sunny 1 bedroom/Studio apartment in small stylish block. The complex is surrounded by lush trees and has a lovely southern suburbs feel to it. Perfect investment area.

Extremely high rental demand area. Apartment rented out in 1 week after being on market.

The apartment has a lovely north facing sunny balcony with mountain views. Sunny lounge with built in mirror cupboards. Separate kitchen with plenty of cupboard space

Undercover secure parking bay included. This ticks all the buy to let investment needs.

Well managed block with excellent future for capital growth.

Viewing by appointment only!

Features

Bedrooms 0.5
Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 44m²
Carports/Parkings 1
Monthly Rates R345.00
Monthly Levy R1,596.00