This is a neat 2-bedroom apartment and its ready to move in or rent out.
Rental potential is R6 000 pm and with the current low interest rates your bond repayment could be as low as R4 500. (Based on 7% prime, over 20 years)
The levy is reasonable at R1 038 and rates approximately R160, meaning that this property will be cashflow positive from day 1!
Pre-paid electricity and Pre-paid water makes it very practical to manage, as a landlord.
DON’T DELAY AND ACT NOW!
This is a 2 bedroom 1st-floor apartment, in the popular Stonehedge Mews, 5 minutes from Gordons Bay beach.
The apartment has an open plan kitchen with a built-in oven and Hob.
The lounge opens up to a balcony, with splendid mountain views.
The master-bedroom is tiled and has a sliding door opening up to the balcony, whilst the second bedroom is carpeted. There are built-in cupboards in both bedrooms.
The Bathroom has a tub with an over-bath-Shower.
The complex has 24 hour security and a swimming pool and located in picturesque Gordons Bay, a mere 1.5km from the local beach.
The apartment comes with one dedicated parking bay.
This is an excellent opportunity to seize and add to your property portfolio.
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