Sound investment. One bedroom unit in Hermana Court. A great building and a favourite amongst residents and investors in Berea. Good security and basement parking.
The property occupies a tenant that pays R4000-00 rental excluding utilities.
The apartment has one bedroom with cupboards. Enclosed balcony that is utilised as a second bedroom , separate bathroom with bath basin, separate toilet. Seperate kitchen with cabinets. The is maintenance needed in the property. A maintenance quote can be supplied on request.
Levy is R1160,71 p.m.
As an investment, the following calculations might surprise you:
18% R.O.I Nett with a R4000-00 rental on a R160 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