Exciting opportunity to invest in a bachelor unit in The Hatch. The property is leased with a tenant that pays R33000-00 rental excluding utilities. The Hatch is known as a stable property situated in Bellevue - East.
The apartment has one bedroom/living room with wardrobe cabinets, separated bathroom, separate kitchen with cabinets, separated enclosed balcony.
The structure and condition is fair but in need of maintenance. A quote can be supplied on request.
As an investment, the following calculations might surprise you:
16.15% R.O.I Nett with a R3000-00 rental on a R120 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
