Neat & Cosy ground floor 2 Bedroom 1 Bathroom apartment for rent in Summer Mews Complex within Summerfields Estate.
This apartment boasts a spacious open plan lounge flowing onto covered patio & garden with Dining & fully fitted kitchen offering ample built-in cupboards, oven & hob as well as space for appliances.
2 Spacious bedrooms offering built-in cupboards with 1 full common bathroom offering both a bathtub & shower.
1 Covered & 1 Open Parking.
Prepaid Electricity
Metered Water
Summerfields Estate offers:
Clubhouse
Communal Pool
Tennis Court
Hiking Trail
Also for sale R670 000 ( bank repayment R6700)
1st time buyer starter apartment or for the property investors
Tenant in place for investors, R7250 rental income
Levies: R1600 (includes Insurance)
Rates and taxes: R400
Gross income: R7250
Expenes: R1600 ( Levy) + R400 (Rates) = R2000
Net: R5420
Net annual Income: R65 040
ROI: 8,97% return on investment
Plus value / capital appreciation in the near future to go up in price.
Just off N1 on samrand road directly across samrand business park
Close to blue valley mall, blue valley country club and conveniently located between pretoria and jhb.