Small Price-BIG INCOME GENERATOR
Cash offers may be considered
This affordable 1 bedroom, batchelor's flat is the perfect start for both the starter wanting to climb the “property ladder” or the investor, wanting to start off with a very small monthly investment. The best of both worlds.
Situated in the extremely popular Oakglen suburb, which has easy access to the N1, R300, Old Paarl Road & both the Bellville & Brackenfell CBD, with Tygervalley just 10 minutes up the road. Coupled with this, Wilgerpark is also a well managed security complex with access control, 24 hour manned security & a complex manager who stays on site. These are just some of the reasons why this has grown tenfold in value since these were built just more than 15 years ago!!
The security complex itself has undercover parking bays, visitors bays, common property braai areas, swimming pool, as small kiosk & low maintenance aluminium & facebrick construction.
Take a look at the figures:
*Conservative market related rental income: R5300pm (10.6% gross return)
*Levies & rates: R 920pm
*Nett Monthly income: R4380pm
*Annual net income: R52560 (8.7% nett return)
The savvy investor will know a great stable low risk, high return investment when they see it, so……
……………HURRY OR BE SORRY, don’t miss your “NEW YEAR'S GIFT”. This one is wrapped to sell quick 😉