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R690,000 | 2 Bedroom Apartment For Sale in Overport

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R690,000

Monthly Bond Repayment R7,005.07
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Levy
R1,264
Monthly Rates
R534

Investor’s Opportunity – 2 Bedroom Apartment in Mohamed Mansions

Mariam Hanif of Legacy Real Estate Group presents this 2 bedroom apartment in Overport. Located on the 2nd floor of the well-positioned Mohamed Mansions, this 2-bedroom apartment offers a solid investment opportunity in the heart of Overport.

With a generous 63sqm layout, this unit features built-in cupboards in both the kitchen and bedrooms. While the apartment may not boast modern finishes, it holds strong rental appeal with current income ranging between R6,500 – R6,800 per month. Utilities are prepaid.

Additional features include:
*Secured parking
*24-hour on-site security
*Well-maintained complex with good rental demand

The unit does require some TLC, making it an ideal pick for investors looking to add value and boost returns.

Don't miss out on this income-generating asset in a sought-after area.

Features

2
1
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
No
Sizes
Floor Size
63m²
Mariam Hanif
Mariam Hanif
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1
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