Looking for an affordable home or an investment opportunity in Boksburg?
This neat, second-floor, two-bedroom apartment at 83 Sydney Park offers practical living in a convenient location, close to EastPoint Mall and surrounding amenities.
The apartment features an open-plan kitchen with granite countertops and ample cupboard space, flowing into a comfortable lounge and dining area. Sliding doors lead onto a balcony with a built-in braai — ideal for relaxing or enjoying time with family and friends.
The unit is very neat, with some floor tiling requiring attention in the one bedroom.
Property features:
Two bedrooms and tiled, full bathroom
Second-floor apartment
Open-plan kitchen with granite countertops and ample cupboard space
Lounge and dining area
Balcony with built-in braai
Convenient location near EastPoint Mall
Suitable for first-time buyers, young professionals or investors
INVESTMENT OPPORTUNITY
For investors considering a buy-to-let property, the apartment offers the potential for an estimated rental income of R7,000 per month.
At the asking price of R680,000, this equates to an indicative gross rental yield of approximately 12.35% per annum.
Asking price: R680,000
Estimated monthly rental: R7,000
Monthly levy: R1,800
Monthly rates: R549
After levies and rates, approximately R4,651 per month remains before maintenance, insurance, vacancies, management fees, financing and tax.
Whether you are looking for your first home or seeking to expand your property portfolio, this apartment is worth viewing.
Contact Your Property Chick to arrange your viewing.
Please note: The rental figure is an estimate and is not guaranteed. Investment calculations are indicative and exclude other expenses. Buyers are encouraged to inspect the unit and complex and verify all costs before making an offer.