R350,000
Monthly Bond Repayment R3,792.97
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R1,020
R378
1 Bedroom Flat For Sale in Scottsville
GREAT INVESTMENT WITH SECURE TENANT IN PLACE ON A LONG-TERM LEASE.
Are you looking for an investment that on a full bond of the asking price at 20 years the repayments are very close to the current rental price been achieved. It will take a couple of years with a current conservative 5% escalation for these two figures to catch up. There is a long-term lease of a year in place with a very good tenant paying R 3600.00 plus lights and water. They enjoy the well looked after apartment block with a common pool for residents to enjoy. 24-hour security guards take care of people coming in and out of this popular complex, that is very close to the Scottsville mall. Call the listing agent to arrange a viewing to see this great investment.
Features
Interior
Exterior
Sizes
Scottsville, Pietermaritzburg
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Disclaimer: While every effort will be made to ensure that the information contained within the Natal Property Consultants website is accurate and up to date, Natal Property Consultants makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.