APARTMENT/FLAT FOR SALE IN CITY OF JOHANNESBURG METRO, CITY IN SOUTH AFRICA

Another sound investment opportunity at a ridiculous price. Excellent location close to Joe Slovo next to the Parktown border. The block is in a good state with security. Definitely a property with a lot of potential and good investment yield. Size: 85 m² Levy: R pm. Specs: A large one bedroom flat, with two large living areas of which one can be a second bedroom, one bathroom consisting of a bath and basin and a toilet. The kitchen is separate and there is an open balcony as well. Maintenance: The flat is in an average condition, cosmetic maintenance is needed. A detailed maintenance quote will be supplied to the successful buyer. Sub-dividable: Yes. According to the Body Corporate 6 people may stay in the unit. Rent: The current rental is R pm. Closest Amenities: Rand Clinic Emergency Services 0.17 km Brenthurst Clinic Emergency Services 0.17 km Fitness or Recreation Centre Recreation 0.50 km Social Services Recreation 0.58 km Johannesburg Girls' Preparatory School Schools 0.38 km Barnato Park High School Schools 0.40 km Calculation: Purchase with Bond % Bond amount 90% R Repayment monthly R Levy R Monthly costs R Monthly rent R Free Cash Flow positive R Purchase Cash Free Cash Flow R Yield 19.6% Garages: 1 Levies:R