Monthly Bond Repayment R78,694.20
Calculated over 20 years at 11.25% with no deposit.
Web Ref No CMSB-9338
Gated Complex Close to Town Centre (T-J)
Gated Complex Close to Town Centre (T-J)
Situated near the town center, this complex offers an excellent investment opportunity. Comprising eleven units, each apartment provides approximately 80 square meters of living space. All units are currently leased to long-term tenants, ensuring consistent occupancy. Approximately Rental Income: R 43 350.00 Expenditure: Rates R12 429.00.
The complex features a secure, walled, and fenced enclosure with an automated security gate, and a well-maintained paved driveway, offering residents a safe and pristine living environment.
Each apartment includes:
Two bedrooms A bathroom with a shower over the bath A fully functional kitchen A spacious lounge area Laundry facilities A designated carport for parking Residents can also enjoy a communal braai area, perfect for family gatherings and social events. Additionally, there is potential for further development within the complex.