Compare Listings

Description

Rental Income: R7 500-R8 000 per month. With stable, long-term tenants in place, this property is ideal for a serious investor. The light and bright 3rd floor apartment is located in the heart of Somerset West. Offering two queen-sized bedrooms with built-in cupboards and lovely open views; a full bathroom, fitted with a plumbing point for a washing machine.

An open plan kitchen and living area lead out to a private balcony overlooking the tranquil garden below. A spacious kitchen fitted with ample cupboards, gleaming granite tops – enough space to accommodate a single door fridge as well as a deepfreeze.

The complex comprises 25 units, is extremely well maintained and secure. Within walking distance to shops, transport and primary schools.

Contact me to view this hidden little gem before it's gone!

Read More

Details

Updated on July 19, 2024 at 11:21 am

  • Reference #: 1353362
  • Price: R995,000
  • Suburb / Town: Cape Town
  • Property Type: Apartment / Flat
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Areas: 1
  • Building Size: 99.0 ㎡
  • Rates & Taxes: R 370
  • Levy: R 1823

Additional Features

  • Secure Parking:1

    Address

    5 Somerset Lofts 6 Lourens Street

    Need a Bond?

    R
    R
    %
    Years
    Total you will repay
    0
    Deposit
    0
    Total Interest
    0
    Per Installment
    0
    Loan Payment (R):
    0
    Interest Rate (%):
    0
    Period in Years :
    0
    * The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.