Neat & Cosy ground floor 2 Bedroom 1 Bathroom apartment for rent 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
Summerfields Estate offers:
Clubhouse
Communal Pool
Tennis Court
Hiking Trail
Also for sale R670 000 ( bank repayment R6700)
1st time buyer starter apartment or for the property investors
Tenant in place for investors, R7250 rental income
Levies: R1600 (includes Insurance)
Rates and taxes: R400
Gross income: R7250
Expenes: R1600 ( Levy) + R400 (Rates) = R2000
Net: R5420
Net annual Income: R65 040
ROI: 8,97% return on investment
Plus value / capital appreciation in the near future to go up in price.
+27 (0)82 791 0052
+27 (0)82 791 0052
whatsapp agent
yb@topspotrealty.co.za
yb@topspotrealty.co.za
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