This beautiful, low maintenance 1st floor 2 Bedroom Apartment is in immaculate condition and is ideal for a homeowner or investor.
Before you read any further, be sure to check out the VIRTUAL TOUR of the property.
It is situated in Rochester Village, a well looked after Security Estate, on the banks of Little Princess Vlei. The environment in the estate provides a perfect home for a young family or working professional, and offers residents security and peace of mind, with 24-hour security and access control, and much more.
For the Investor:
- Market Rental for such an apartment is currently approximately R 8,400/month.
- Great Gross Rental Yield of 9.3% and Return on Investment of 7.6%.
- With monthly cashflow, it will cost you less than R 900/month to own this spectacular investment property – given approximate costs and assumptions, including 10% deposit.
- Excellent opportunity for Capital Growth on your investment
- Apartment has an Open Plan Area with Kitchen and Living Room.
- Kitchen is fitted with built in cupboards, stove, oven and extractor, and has granite countertops. Flooring is tiled.
- Bedrooms have built-in cupboards and laminate wooden flooring.
- Bedrooms have beautiful mountain views.
- Bathroom has a bath, basin and toilet with a tiled floor.
- 50mm Aluminium Blinds on all windows.
- Trellidor security gates on all windows excluding Kitchen window.
- Pre-paid Electricity Meter.
- Fibre Ready.
- Washing Machine point.
- Uncovered Parking Bay included.
- Children’s Play Area.
Due to COVID Regulations, viewings are by appointment only. Contact Clinton for further details or to arrange a viewing. Provide 3 alternative options for a request for viewing.