R 665,000

De Waalhof 18, Bellville, sectional title apartment-Sold by Menno, Flat and Townhouse Specialist


2
Bedrooms
1
Bathrooms
0
Garages
89m2
Floor Size

OPPERTUNITY FOR SERIOUS, PRE QUALIFIED AND CASH BUYERS.

Welcome to your opportunity in the heart of Bellville, nestled in the vibrant suburb of Boston. This spacious 2-bedroom apartment presents a rare chance to transform a neglected gem into a lucrative investment or a charming home.

Convenience is key with this property, offering easy access to public transport options including trains, buses, and taxis, making commuting a breeze. Situated in an area with high demand for rental properties, this apartment promises a steady stream of income, with tenants outnumbering availability.

The apartment itself boasts old-world charm and generous proportions, spanning 89 square meters. With a separate kitchen, bathroom, and toilet, there's ample scope for customization and renovation to suit your vision. The enclosed balcony offers additional space for relaxation or entertaining, adding to the property's appeal.

While the apartment may require some TLC and renovation, the asking price significantly undercuts similar properties in the area, presenting an excellent opportunity for savvy investors or home buyers with a knack for renovation projects.

Furthermore, for those seeking immediate returns, the property comes with the added benefit of an existing tenant with a lease until end September 2024, currently paying R7000 per month. This provides a fantastic return on investment from day one, allowing the new owner the flexibility to renovate at their own pace or simply enjoy the passive income.

The apartment block itself is well-maintained and managed by reputable agents, ensuring peace of mind for residents. With access control and sound financial management, the complex offers a secure and stable environment.

Don't miss out on this chance to unlock the true potential of this neglected property while enjoying excellent returns on your investment. Schedule a viewing today and seize this rare opportunity in the heart of Bellville!

Turn this dingy dive into a home and thrive, or pocket from day one.

Call me or miss out!!


Property overview

Rates
R 235
Levy
R 702
Floor Size
89 m2
Property Ref
P793289

What this place offers


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Menno Van Mechelen
• S H A R E •
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