1.5 bedroom Investment bedroom

  • R499 000
Featured For Sale
Arcadia
Featured

1.5 bedroom Investment bedroom

Arcadia
  • R499 000

Description

Property:

Massive 1.5 bedrooms, with 1 bathroom apartment in a secure building. Given its size, this property can be easily turned into a 2.5 or 3.5 bedroom to maximize income.

Market Overview:

Situated in the heart of Arcadia, Pretoria, this property offers easy access to transport and major routes.
Walking distance to schools, to University of Pretoria, Loftus Stadium, Boston college, Pretoria Girls High, Pretoria Boys High.

Investment:

Potential Rental Income= R7 300
Actual Operating Expenses= R2 075
Potential rate of return= 11.20%
Potential Cash on Cash= 42.40% (This assumes a 0% deposit)

  • Address Arcadia
  • City Pretoria
  • Area Arcadia
  • Country Pretoria

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