MARKED DOWN AT DISCOUNTED PRICE.
Sound investment. Studio apartment in Fashion Lofts. A building and a favourite amongst residents and investors in central Johannesburg due to location. Good security and basement parking.
The property is currently empty. The previous with a tenant paid rental of R3000-00 p.m. The property is in need of maintenance. A quote can be supplied on request, to upgrade the apartment for a tenant to be placed, should the investor not want to reside in the property itself.
The apartment has combined living area bedroom with cupboards. A separate bathroom with bath basin, toilet, Open plan kitchen with cabinets.
Levy is R0-00 p.m.
As an investment, the following calculations might surprise you:
26% R.O.I Nett with a R3000-00 rental on a R110 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
