Hyde Park Corner is a very sought after sectional title block that offers great living conditions in the C.B.D of Johannesburg. The block has great security, safe common basement parking and working lifts.
The C.O.J accounts are up to date and there is insurance in place as well. The property available is a 107sqm. two bedroom apartment, with two living areas, bathroom that has a bath, basin, separate toilet. The kitchen is separate and the is an open balcony as well.
The tenant is paying a rental of R6000-00 p.m. excluding utilities and this investment will produce a 31,3% R.O.I with an asking price of R230 000-00.
Most owners are reluctant to sell in Hyde Park Corner and therefore serious investors must consider it to move quickly on this to avoid disappointment.