R500,000

R500,000

1 Bedroom Flat For Sale in Esplanade
1
Bedrooms
1
Bathrooms
1
Garages
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INCOME-GENERATING INVESTMENT OPPORTUNITY | CITY & HARBOUR VIEWS

Web Ref. WRL89790
Floor size 55.00 m²
Monthly Bond Repayment
R5,076.14
Looking for a property that offers excellent rental income potential? This apartment presents an exciting opportunity for investors seeking to expand their property portfolio.
Property Features:
1 Bedroom
1 Lounge with the potential to convert into an additional bedroom
1 Kitchen
1 Bathroom
1 Covered parking bay
Secure parking
4 lifts, with 5 lifts currently operational
Generator facilities
Beautiful city and harbour views
💰 Excellent Rental Income Potential
Apartment: Potential rental income of approximately R90,000 per annum.
Parking bay: Additional potential rental income of approximately R700 per month.
With the potential to generate income from both the apartment and the parking bay, this property is worth considering for investors looking for an income-generating asset.
Whether you're an experienced investor or entering the property market, this apartment offers versatility, attractive views and the opportunity to maximise rental returns.
Monthly Levy R13,200
Monthly Rates R539
Total R13,739

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Exterior
1 Garage
Security
Scenery / Views
Sizes
Floor Size 55 m²

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields 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.

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