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Arcadia, Arcadia, Pretoria, Gauteng
R 310 000
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!
Estimated monthly repayment
R 2 927
on a R 279 000 bond over 20 years at 11.25%
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Arcadia, Arcadia, Pretoria, Gauteng
Fair-value check
Good valuePriced 28% below comparable 1-bed apartments for sale in Arcadia
Based on 73 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thandi Hadebe
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