Central town Bachelor unit - For sale
BACHELOR FLAT FOR SALE – CENTRAL TOWN
ASKING PRICE: R320,000
YOUR NEXT PROPERTY INVESTMENT STARTS HERE!
Looking to get into the property market or expand your investment portfolio? This centrally located bachelor flat offers an opportunity for a first-time buyer or a property investor looking for rental income.
PROPERTY HIGHLIGHTS
Bachelor flat in Central Town
Currently collecting R4,500 per month in rental income
Potential rental income of R5,000 per month, subject to market conditions and applicable rental agreements
Conveniently situated on a public transport route
24-hour security
Suitable for a couple with one child, subject to the unit layout and occupancy requirements
INVESTMENT SNAPSHOT
Asking price: R320,000
Current annual rental income: R54,000
Potential annual rental income: R60,000
Gross rental yield at current rent: 16.9% per year
Gross rental yield at R5,000 monthly rent: 18.75% per year
Gross rental yields are before levies, rates, maintenance, vacancies and other expenses. The higher rental is a potential figure, not a guaranteed return.
WHY MISS THIS OPPORTUNITY?
A central location, convenient transport access, 24-hour security and existing rental income make this property worth considering for buyers looking to build their future through property.
Contact us today for more information or to arrange a viewing!
Buy smart. Invest wisely. Build your future.
