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With the rising cost of living, finding a property that is truly affordable is becoming increasingly rare. This neat 2 bedroom council flat in Newlands East offers an excellent opportunity for first-time buyers, small families or investors looking for great value.
With no monthly rates or levies, together with prepaid electricity and prepaid water, this property is ideal for buyers looking to keep monthly expenses to a minimum.
For investors, this property is already generating R4,200 per month in rental income, providing an immediate return from day one.
Conveniently located in Newlands East, the flat is close to schools, public transport, shops, and other essential amenities, making it an ideal home and an attractive rental option.
Whether you're looking for an affordable place to call home or a property that offers excellent investment potential, this is an opportunity not to be missed.
Contact Team Shane Properties today to arrange your viewing!