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R390,000

1 bedroom apartment for sale in Quigney

1 Bed
1 Bath
37m²
Bachelor Apartment For Investors For Sale

This charming bachelor apartment presents an exceptional opportunity for first-time investors looking to enter the property market. Situated in a prime location, this unit is perfect for those aiming to build a solid real estate portfolio with minimal initial risk.

The apartment is very well presented, featuring ample built-in cupboards in both the kitchen and bedroom. These built-ins provide generous storage space, ensuring the unit remains clutter-free and organized.Spacious Bathroom:The modern bathroom is spacious and elegantly designed.Great Location:Nestled in a vibrant neighbourhood, the property is close to public transport, shops, restaurants, and other essential amenities. This prime location ensures a steady demand from potential tenants, contributing to a reliable rental income.Investment PotentialCurrent Tenancy:The apartment is currently tenanted, providing immediate rental income for the new owner. This existing lease agreement eliminates the initial hassle of finding tenants and ensures a smooth transition for investors.High Yield:With an impressive rental yield, the combination of low maintenance costs and high rental demand makes it a lucrative investment choice.

–KITCHEN

–LOUNGE

–BEDROOM

–BATHROOM

Give me a call to arrange a viewing....

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
37m²
Living Area
1
Study
1
Reference
7002001-72831
Property history
Listed for sale at R390,000
11 Nov 2024
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East London is perfectly situated as the gateway to the Sunshine and Wild Coasts, and despite its hustle and bustle remains one of the most appealing coastal towns in South Africa.
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