Bond Repayment on 20years at 7%interest rate
Total Monthly Cost: R 5 388,33
Current lease in place: Rental R6700pm excluding water and lights
Calling all investors! This upmarket one-bedroom apartment is the perfect investment for the investor looking to add one more to their property portfolio in a sought-after complex in Paulshof.
The kitchen has been modernised with granite counter tops and there is a large pantry cupboard. There is space only for one appliance, however Central Square has its own laundromat so no need for washing machine.
There is plentiful of cupboard space in the bedroom and you could easily fit a king's size bed with a dressing table. The ensuite bathroom is equipped with a shower and a bath. The unit is situated in the middle of the complex and comes with covered carport
This unit has with a very good tenant that keeps the property clean and maintained and would like to continue staying on with a new landlord. The tenant is currently paying R6700.00 pm excluding water and electricity.
PAULSHOF, SANDTON: Lying slightly uphill from Sunninghill, Paulshof is a fairly modern, upmarket suburb. Paulshof is often described as the 'garden village of the north' due to the concerted efforts of the residents to maintain their section of the Braamfontein Spruit.
Paulshof is great for getting about and for things to do over weekends. Access to the N1 and N3 is excellent, Fourways and Sandton are easily reached, in fact many younger executives make Paulshof their base because of this, whilst Midrand is also easy to reach from here.
There are numerous large shopping malls and easy access to the Cradle of Humankind and the Magaliesberg.