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R550,000

1 bedroom apartment for sale in Pinetown Central

1 Bed
1 Bath
Reduced
Promising Investment Opportunity – 1-bedroom Apartment In Beviss Court

If you're in search of a promising investment property, look no further than this charming 1-bedroom apartment located in the sought-after Beviss Court.

The entire apartment has been freshly painted, creating a modern and inviting ambiance. The spacious bedroom offers plenty of room for comfort and relaxation. A well-maintained full bathroom adds convenience, while the functional kitchen is fully equipped to meet all your culinary needs. For added security and convenience, the property comes with covered parking.

Currently, this apartment generates a rental income of R6,000 per month, with a reliable tenant who utilizes a prepaid electricity meter and has water expenses covered by the monthly levy. The tenant is interested in signing a new 1-year lease, ensuring a steady income stream for the new owner.

This property offers an excellent investment opportunity with a dependable tenant already in place. Don’t let this opportunity pass you by!

Reach out to Mike today to arrange a viewing and explore the potential of this fantastic investment.

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Living Area
1
Rates & Taxes
R500
Levy
R1,500
New To Market
Yes
Reference
2327896
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R7,677
Home loan repayment
R5,677
Rates and taxes
R500
Levy
R1,500
Utilities
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R0
Property history
Listed for sale at R570,000
14 Oct 2024
Price reduced by 3.5% to R550,000
01 Jan 2025
Get to know Pinetown
Named after the governor of Natal, Sir Benjamin Pine, forms part of the larger eThekwini municipality. The actual Pinetown area extends from Cowies Hill in the east through to Manors in the west. Pinetown’s Old Main Road (Road (now Josiah Gumede) is jam-packed with car dealership companies, resulting in its affectionate nickname of “motor town”.
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