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Springs Central, Springs Central, Springs, Gauteng
R 210 000
INVESTOR SPECIAL | PRICED BELOW MARKET | RENOVATION OPPORTUNITY This Centrally located fourth-floor flatlet in Springs Central presents a solid opportunity for investors or renovators looking to unlock value at an entry-level price point. The unit is very well located near to amenities. It has a lovely view over Springs and includes a closed balcony. The unit has a spacious bedroom, lounge, bathroom, kitchen and generous entrance. The balconies in this building are often used as a spare bedroom. The flat has a locked up parking lot in the basement securing safekeeping for your vehicle. This property is priced well below market value and has a strong potential for value uplift after renovation. The unit is ideal for rental or to flip. This unit is best suited to cash buyers and investors. Renovated units in the building fetch a decent rental. East Rand Property Traders (Pty) Ltd trading as RE/MAX Express (Springs) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 1 983
on a R 189 000 bond over 20 years at 11.25%
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Springs Central, Springs Central, Springs, Gauteng
Fair-value check
Good valuePriced 22% below comparable 1-bed apartments for sale in Springs Central
Based on 15 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Mpho Pillay
Unclaimed listing — claim it to verify
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