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2 Bedroom apartment sold in Melkbosstrand Central

R799,000
  1. 2
  2. 1
  3. Web Ref: 1141950
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Property Features

ERF Size 0 m²
Rates R240 per month
Building Size 53m²
Home Owner Levies R1,840

Interior Features

2 Bedrooms
1 Reception Room
Kitchen
1 Bathroom
Security

Exterior Features

1 Parking Space

PROPERTY FOR SALE IN MELKBOSSTRAND – THIS IS NOT A MISPRINT!!!!!

Calling all investors and first-time buyers. This is your opportunity to acquire this very well priced apartment in Coral Heights! Lovely sunrays streaming into the living area as well as the main bedroom as the apartment faces North.

At the current low interest rate the bank repayment for 100% mortgage bond is approximately R6600 per month. Why would you want to pay rent when you can pay off your own bond?

For the investor buyer: The current rental is R6825 per month. So, this is an absolute no brainer and makes total business sense. The rental income basically covers your bond repayment.

This apartment has one allocated parking bay and is situated in a security complex. It is within walking distance to the My-Citi bus route.

Contact the agent

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