You can buy this property as an investment or for you to live in, either way it is a great buy.
Current tenant pays R 7200 per month providing an approximate yield of 6,4% p.a. (with out taking into account capital appreciation). The rental market in Malmesbury looks promising, with supply still constrained.
Ask your self what sort of rental one will get 5 years from now, and what would the property be worth then?
This apartment is on the 1 st floor and boasts with 84 sqm of accommodation and a 22 sqm lock up garage included in the price. Two spacious bedrooms, two bathrooms (full and ensuit) and a good size balcony. The complex is well run and have access control and security. The financials of the Body Corporate is SOUND.
We also have a couple of ground floor apartments left available for sale.
Invest here or live here, or both!