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1 Bedroom Apartment / Flat for Sale in Annadale
Annadale, Polokwane
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43 m²
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2 X Bachelors units in Ladanna
Excellent Investment!!
These are neat units with good security and easy access to town.
Each unit offers a kitchen, living area/bedroom with a separate bathroom.
You buy 2 doors which mean you have 2 tenants paying R3200/m each.
The calculations: Rental income = R6 400
Rates & Taxes = R 800
Levy = R 730
Nett income/door = R4 870
Estimated bond repayment /door = R5 848.22
On a full bond with zero deposit @ prime rate over 20 years you will only pay R 978.22/m when the units are fully let!
If you are in the market for an excellent investment- this is the one for you!!
Bedrooms:
1
Bathrooms:
1
Parking:
1
Fibre Internet
Property Overview
Listing Number
110100583
Type of Property
Apartment / Flat
Lifestyle
Complex, Security Complex
Listing Date
15 March 2024
Floor Size
43 m²
Price per m²
R 15 116
Special Levy
R 730
Age
8
Rooms
Bedroom
Tiled Floors, Open Plan, Built-in Cupboards, Double Bedroom
Bathroom
Tiled Floors, Bath, Toilet and Basin
Kitchens
1
Lounge
Tiled Floors, Open Plan
External Features
Parking
Secure Parking, Shade net covered, Single
Building
Style
Open Plan
Roof
Tile
Wall
Plaster
Window
Steel
Other Features
Security
Totally Fenced, Electric Gate, Burglar Bars, Electric fencing
Special Features
Paveway, Open Plan, Totally Walled
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre
Points of Interest
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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