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2 Bedroom Apartment / Flat For Sale in Grahamstown Central

R695 000

Bedroom icon 2 2 50m2 1374m2
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2 Bedroom Apartment / Flat For Sale in Grahamstown Central

SOMERSET CORNER - R8800 RENTAL INCOME PER MONTH - INVESTMENT PROPERTY!

Bedroom icon 2 2 50m2 1374m2

2 Bedroom Apartment / Flat For Sale in Grahamstown Central

SOMERSET CORNER - R8800 RENTAL INCOME PER MONTH - INVESTMENT PROPERTY!

R695 000

Monthly Bond Payment: R

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2 Bedroom icon 2 1374m2

Features

  • Parking 1
  • Ensuite 2
  • Lounge 1
  • Security Post
  • Access Gate
  • Alarm
  • Burglar Bars
  • Security Gate
  • Scenic View
  • Kitchen
  • Electric Fence
  • Paving
  • Intercom
  • water tanks for back up water for the complex
  • Security guard 6pm - 6am daily
  • res-net internet connection - x 2

Description

Somerset Corner is one of the closest apartment complexes to Rhodes University and it is less than 200m from the main shopping centre (Peppergrove Mall). Each unit consists of a lovely open plan kitchen/living room area, 2 spacious bedrooms, both bedrooms have en-suite bathrooms, a well finished kitchen with granite worktops. The units includes a washing machine, a tumble dryer, a fridge/freezer, oven and gas hob.

The complex offers Resnet, which gives access to Rhodes University mainframe, DSTV connection and a security guard at night for additional student security. The unit has been fully let for 2024 and brings in a rental income of R8800.00 per month until the end of November 2024. The apartment comes with a security alarm system and prepaid electricity meter. The complex has water tanks and a pump for back up water for the complex.

Call me now to add this amazing property to your portfolio!

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 523
Monthly Levy ZAR 1,560

Property Details

Web Ref RXBQ-3615
Property Type Apartment / Flat
Building Size 50m2
Erf Size 1374m2
Bedrooms 2
Bathrooms 2

Contact Agent

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Jessica Els

Sales Associate

RE/MAX Frontier (Grahamstown)

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Enquiry about property Ref:RXBQ-3615

R695 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Jessica Els

Sales Associate

RE/MAX Frontier (Grahamstown)

Show number

Show number

MessageCall me back Whatsapp
Book a viewing

Contact Jessica Els

Agent profile picture

Jessica Els

Sales Associate


RE/MAX Frontier (Grahamstown)

Show number

Show number

Enquiry about property Ref:RXBQ-3615

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