3 Bedroom Apartment For Sale in Hillbrow
R295,000
Monthly Bond Repayment R3,196.94
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL18045
Lucrative Investment: High Returns in a Well-Managed Property
Located within Clarendon Heights on Bruce Street, Hillbrow, this first-floor flat offers an appealing investment opportunity. Spread across 83 square meters, it features three bedrooms and an enclosed balcony, providing comfortable living space. The building's efficient management and strong security measures ensure residents' peace of mind.
Currently rented at R6000 per month, with reasonable monthly levies at R1490, this property presents an attractive investment proposition. The tenants' consistent payment history and preference for long-term rentals enhance its appeal.
With a net yield of 18.5% at the specified price, the property demonstrates its potential for rewarding returns. This high yield indicates the property's ability to generate significant income relative to its initial investment, making it an enticing option for investors seeking profitable ventures in the real estate market.
Currently rented at R6000 per month, with reasonable monthly levies at R1490, this property presents an attractive investment proposition. The tenants' consistent payment history and preference for long-term rentals enhance its appeal.
With a net yield of 18.5% at the specified price, the property demonstrates its potential for rewarding returns. This high yield indicates the property's ability to generate significant income relative to its initial investment, making it an enticing option for investors seeking profitable ventures in the real estate market.
Features
Bedrooms 3
Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 83m²
Monthly Levy R1,490.00
Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 83m²
Monthly Levy R1,490.00
Agent Contact Details
