1 Bedroom Apartment For Sale
This 1 bedroom apartment in Arcadia, Pretoria, offer a lounge and bedroom with a big kitchen. A well managed complex with low levy amount per month of R1150, the unit has stable tenants and good rental income of R5000 per month, very good investment.
Below is current rental Performance:
Monthly Rental : R5000
Annual Gross Rental : R60000
Monthly Levy : R1,150
Municipality rate : R 150
Total monthly Costs ; R 1,500
Net monthly income : R3,500
Net Annual Income : R42,000
It does not get better than this, very secured complex, prominant location on the main road provide excellent accessibility to major routes and surrounding sburbs, apartments in Arcadia fringe are typically purchased by investors seeking strong rental yierds, so if you are one of those take this opportunity now!