Notes about this property by MyRoof
This apartment is for sale in Somerset West. This is a private property sale.
Continue reading...Somerset West has the following point of interest, these include Central Karoo DC (450.1km), Caledon (67.7km), Cape Town (44.6km), Franschhoek (50.8km), George (387.3km), Paarl (50.3km), Parow (35km), Stellenbosch (20.9km), Strand (5.1km) and Villiersdorp (60.6km)
This 3 storeys' apartment floor area was measured at 82m2.
This apartment has monthly rates or ground taxes payable to the amount of R 250 and a monthly levy of R 700.
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By selling privately the owner can reduce his asking price by as much as 7%
(agents commission is up to 7%) and still get the same money in his pocket! That is why buying
private property makes so much sense. Feel free to contact us for more information.
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Comments & Notes
Perfect starter apartment, to rent out as investment or move in yourself. Current rental income R3850,00 per month (highest rental income in the complex as per an agent), and occupied by a quiet single student who looks very well after the apartment. Lease has been just extended 2 months ago for another year.
The complex with 24 hour security and gate is very well looked after, has the right mix of people residing and is in an growing environment. Communal pool, communal braai area, and a large balcony facing the quietest side of the complex plus an allocated parking bay.
We are only selling as we need the money as a deposit for our own little house - otherwise we would love to keep it as we do see a significant increase in value and the area will not stay this affordable. We have priced it below the other units in the complex to sell it fast.