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R 689 000

1 Bedroom Apartment / Flat for Sale in Fairfield Estate

Fairfield Estate, Parow

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1
1
59 m²

Contact Agent

Cathy Hoogenhout

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Ideal Investment Opportunity: High-Yield 1-Bedroom Apartment with Stunning Views

Investors, take note! This well-maintained 1-bedroom, 1-bathroom apartment offers an outstanding opportunity for a high-yield investment in a prime location. With a generous layout and excellent rental potential, this property is an ideal addition to your portfolio.Investment Highlights:

* High Rental Income:Currently generating R7000 per month from two reliable tenants, with potential to increase to R8000 per month once the current rental contract expires. This ensures a steady and lucrative return on investment.

* Prime Location:Situated on Voortrekker Road with stunning views of Table Mountain, this apartment is in a sought-after area that attracts quality tenants.

* Spacious and Functional Layout:Covering 59 sqm, the apartment includes a fair-sized bedroom and lounge. The lounge is rented as a second bedroom, maximizing rental income.

* Tenant-Ready:The bedroom...

Bedrooms: 1

Bathrooms: 1

No Pets Allowed

Fibre Internet

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Property Overview

Listing Number

114655816

Type of Property

Apartment / Flat

Listing Date

12 July 2024

Floor Size

59 m²

Price per m²

R 11 678

Rates and Taxes

R 1 500

Pets Allowed

Rooms

Bedroom

Bathrooms

Kitchens

Reception Rooms

Other Features

Security

Closed Circuit TV

Internet Access

Fibre

Points of Interest

Bond Calculator

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