R6,995,000
R6,995,000
Monthly Bond Repayment R75,805.31
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Block of Flats Primely located
Excellently located on a road in the corner of Oxford Street, walking distance to Pick and Pay, Medical centers, Pharmacies, Eateries and all conveniences, this is an ideal block to invest in, be it for student accommodation or for young professionals employed in the Buffalo City. This well managed and well maintained block comprises of 10 Flats of various sizes as follows:
6 x 2 bedroom units, each with full bathroom, open plan kitchen, lounge and dining
3 X 3 bedroom units each with full bathroom, open plan kitchen, Lounge and dining
2 x 1 Bedroom unit with bathroom, open plan kitchen and lounge
The block is always let at 80% -100% with its location being in demand. At full capacity the flats generate an approximate income of R 73 000 with potential for more depending on how one reconfigures tenant living.
DO NOT MISS OUT ON OWNING THIS PROME PIECE OF EAST LONDON.
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