INVESTMENT OPPORTUNITY CENTRAL TONGAAT!
2-Bedroom, 2-Bathroom Ground-Floor Apartment | Currently Tenanted | R1,075,000
Looking for a property that offers both convenience and rental income This is an opportunity worth exploring!
Situated in a secure, well-managed complex in the heart of Central Tongaat, this attractive ground-floor apartment combines comfortable living with an excellent investment proposition. Conveniently located close to the airport, shops, schools, medical facilities and other essential amenities, it is ideally positioned for modern living.
PROPERTY FEATURES:
- 2 well-appointed bedrooms
- 2 bathrooms
- Air-conditioned interior for year-round comfort
- Fully fitted granite-top kitchen
- Convenient ground-floor position
- Secure undercover parking
- Secure, well-managed complex
- Close to the airport and all essential amenities
- Currently tenanted at R7,700 per month
INVESTMENT HIGHLIGHTS
Asking Price: R1,075,000
Monthly Rental Income: R7,700
Annual Rental Income: R92,400
Gross Rental Yield: Approximately 8.6 per annum
With a tenant already in place, this property offers an attractive opportunity for investors looking to acquire a rental property with an existing income stream, subject to the current lease terms and tenant arrangements.
Whether you''re expanding your property portfolio or looking for a conveniently located apartment, this opportunity deserves your attention.
Central Tongaat, KwaZulu-Natal
Don''t miss out! Contact us today for more information or to arrange a viewing.
SECURE YOUR NEXT PROPERTY INVESTMENT TODAY!