Perfect 3 bedroom investment with good rental income
This ideal investment opportunity is a 3-bedroom flat located on the second floor of a complex.
It features a double tandem garage and an open-plan kitchen.
The complex is secured by an electric gate, and the flat is a sectional title unit. Additionally, there is a communal garden for residents to enjoy.
The lounge and kitchen areas are open plan, creating a spacious living area.
The bathroom is equipped with a bath, shower, basin, and toilet.
The facebrick exterior ensures low maintenance requirements. The property has a pre-paid electricity system in place.
A monthly levy fee of R700 is applicable. With a rental income of R6000.00 per month, this property presents a lucrative opportunity for investors.
It should be noted that the property requires some tender loving care (TLC) to bring it to its full potential. In summary, this 3-bedroom flat offers a range of desirable features, making it an attractive investment opportunity for those willing to invest a bit of effort into its improvement.
South Africa's North West Province is strategically located between Botswana in the west and the economic powerhouse and industrial heartland of Gauteng in the east. The province offers vast mineral resources, sophisticated tourist industry and agricultural abundance.
Opportunities abound for increasing the income-producing capacities of the local industries, enhancing product beneficiation within the province...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.