Sound investment. Two bedroom unit in Santa Fe'. A building and a favourite amongst residents and investors in Berea. Good security and basement parking.
The property is tenanted with a tenant paying rent of R4550-00 p.m. The property is in need of 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 bath basin, toilet, second bathroom has separate toilet. Separate kitchen with cabinets. The living area is subdivided into two separate sleeping quarters.
Levy is R1000-00 p.m.
As an investment, the following calculations might surprise you:
26% R.O.I Nett with a R6000-00 rental on a R195 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
