Great investment. One bedroom unit in Florida Heights. A great building and a favourite amongst residents and investors. The property can occupy a tenant that pays R4000-00 rental excluding utilities. Pre-paid electricity. There is good security and
The apartment has one bedroom with cupboards. One living area, no balcony, separate bathroom with bath, toilet and basin, open plan kitchen with cabinets. The entire unit was renovated recently.
Levy is R846.73 p.m.
As an investment, the following calculations might surprise you:
13% R.O.I Nett with a R4000-00 rental on a R250 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
