Rental Income Can Cover 100% Bond Repayment!
If you are looking for a great investment buy, then this one bedroom flat is just what you are looking for.
Based on the selling price, your bond repayments will be around R 4112.00 a month, based on the current interests rate, and you could easily get a rental income of at least R 4800.00 a month.
As an added bonus with a low levy of R 535.00 a month , the
rental income can also cover your levy.
It is well located, close to all amenities including schools and shops, and is on the transport route. The unit also has prepaid electricity.
The unit has a separate lounge, kitchen area, spacious bedroom and bathroom with a bathtub. There is also a secure open parking bay.
Additionally , there is a undercover communal braai area, which makes for the perfect space to entertain family and friends. There is a large secure open area within the complex, which offers the perfect space for the kids to play.
Furthermore with a bond repayment of only R 4112.00 a month based on prime lending rate, this is perfect for the first time home buyer as well, so why rent when you can buy.
