Property Features
Ground Floor 2 Bedroom 1 Bathroom Secure Lockup & Go For Sale In Summerfields Estate!
Neat & Cosy ground floor 2 Bedroom 1 Bathroom apartment for sale in Summer Mews Complex within Summerfields Estate.
This apartment boasts a spacious open plan lounge flowing onto covered patio & garden with Dining & fully fitted kitchen offering ample built-in cupboards, oven & hob as well as space for appliances.
2 Spacious bedrooms offering built-in cupboards with 1 full common bathroom offering both a bathtub & shower.
1 Covered & 1 Open Parking.
Prepaid Electricity
Metered Water
Inverter system installed
Summerfields Estate offers:
Clubhouse
Communal Pool
Tennis Court
Hiking Trail
1st time buyer starter apartment or for the property investors
Tenant in place for investors, R7000 rental income
Levies: R1600 (includes insurnace, sanatation, garbage disposal)
Rates and taxes: R417
Gross income: R7000
Expenes: R1600 ( Levy) + R400 (Rates) = R2000
Net: R5000
Net annual Income: R60 000
ROI: 8% return on investment
Plus selling value in the near future to go up in price
Return on investment will increase each year with rental escalation and the property has massive potential for appreciation as its in a up and coming business area just of the N1 highway, the area over the years has consistently increased in value.
- Just off N1 on samrand road directly across samrand business park
- Close to blue valley mall, blue valley country club and conveniently located between pretoria and jhb.
+27 (0)82 791 0052
+27 (0)82 791 0052
whatsapp agent
yb@topspotrealty.co.za
yb@topspotrealty.co.za
View all agent properties
+27 (0)72 195 4747
+27 (0)72 195 4747
whatsapp agent
nb@topspotrealty.co.za
nb@topspotrealty.co.za
View all agent properties