ref # 3816

R 595 000 (29 824 EUR*)

select a 2nd currency

± 39m2
R 106  / m
R 1342  / m

Property Features
Access Gate
Built In Cupboards
Electric Fencing
Security Post

Property Investors - Own this Beautiful Investment Property for just R 500/month

Beautiful Low Maintenance 3rd floor 1 Bedroom Apartment is situated in the well-run Palm Springs Apartment Complex, in Brooklyn, Cape Town.

Before you read any further, be sure to check out the VIRTUAL TOUR of the property.

The complex offers residents security and peace of mind, with 24-hour security and access control, and much more.
The apartment is currently tenanted, with the lease recently renewed. Rental is R 6,300/month.
Excellent Gross Rental Yield of 11.9% and Return on Investment of 9.2%.
With monthly cashflow, it will cost you approximately R 500/month to own this wonderful investment property – given approximate costs and assumptions.

Other details:
- The apartment has an open plan area with Kitchen and Living Room. Windows and sliding doors allow for light, ventilation and views.
- The Kitchen is fitted with built in cupboards, stove and oven.
- The Bedroom has built in cupboards.
- The Bathroom has a shower, basin and toilet.
- Floors are tiled throughout.
- Pre-paid Electricity and Water Meters.
- Uncovered parking bay included.
- Fibre Ready.
- Washing Machine point.
- Complex has a swimming pool, gym, clubhouse, and laundry room.
- Palm Springs is located just off Koeberg Road close to CBD and other major business centres.
- Easy access to major traffic routes and My Citi bus stop.

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.

Message Agent

Clinton Forlee, estate agent

+27 (0)72 840 6797
+27 (0)21 762 2132
 whatsapp agent