Sound investment. Two bedroom unit in Tygerberg. A great building and a favourite amongst residents and investors in Berea. Good security and basement parking.
The property is empty at the moment and needs maintenance. A quote can be supplied on request. If fixed it can produce a rental income of up to R6000-00 p.m
The apartment has two bedrooms with cupboards. First separate bathroom with shower basin, second bathroom has separate toilet. Separate kitchen with cabinets. The living area is subdivided into 3 separate sleeping quarters.
Levy is R1713,85 p.m. CSOS is R24.28 and the Reserve fund levy is R268,38.
As an investment, the following calculations might surprise you:
19% R.O.I Nett with a R6000-00 rental on a R185 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
WE ARE REGISTERED WITH THE PPRA FFC NUMBER 0746087
TRUTS ACCOUNT OPERATIVE
