Flat for sale
Investment Opportunity with Immediate Rental Income
Secure immediate rental income from a centrally located, low-maintenance apartment boasting an open balcony with scenic views, two bedrooms, communal kitchen and bathroom, plus one covered parking.
Looking to start or grow your investment portfolio? This income-generating property is currently tenanted by two female and generates R8,500 per month in rental income.
The property features:
2 spacious bedrooms
Communal kitchen and bathroom
An open balcony with scenic views, accessible from both bedrooms
1 open-bay parking space
With reliable tenants already in place, this property presents an excellent opportunity for investors seeking immediate returns and long-term growth.
Levy :R2065
Rates: R 695
E&OE
Property history
Listed for sale at R695,000
Smart property insights
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 2-bed homes.
Insight
Priced 18% below the local median - at the lower edge of the typical range in Bulwer.
Compared with 5 similar active listings in Bulwer.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
