Great investment. Two bedroom unit in Xanadu. A great building and a favourite amongst residents and investors in Yeoville. The property occupies a tenant that pays R5500-00 rental excluding utilities. Tenant managed by Mamela Estates.
The apartment has two bedrooms with cupboards. One living area, open balcony, separate bathroom with bath, toilet and basin and a second separated guest toilet, open plan kitchen with cabinets. The entire unit was renovated recently. Good security. Swimming pool in the complex.
Levy is R1669,10 p.m.
As an investment, the following calculations might surprise you:
14% R.O.I Nett with a R5500-00 rental on a R220 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
