2 Bed Apartment in Grahamstown Central

2 2 1 1 374 m² 50 m²

SOMERSET CORNER - INVESTMENT PROPERTY - R8820 RENTAL INCOME PER MONTH!

Somerset Corner is one of the closest apartment complexes to Rhodes University and it is less than 200m from the main shopping centre (Peppergrove Mall). Each unit consists of a lovely open plan kitchen/living room area, 2 spacious bedrooms, both bedrooms have en-suite bathrooms, a well finished kitchen with granite worktops. The units includes a washing machine, a tumble dryer, a fridge/freezer, oven and gas hob.

The complex offers Resnet, which gives access to Rhodes University mainframe, DSTV connection and a security guard at night for additional student security. The unit has been fully let for 2024 and brings in a rental income of R8820.00 per month until the end of November 2024. The apartment comes with a security alarm system and prepaid electricity meter.

Call me now to add this amazing property to your portfolio!

Property details

  • Listing number T4117131
  • Property type Apartment
  • Erf size 1 374 m²
  • Floor size 50 m²
  • Rates and taxes R 523
  • Levies R 1 560

Property features

  • Bedrooms 2
  • Bathrooms 2
  • En-suite 2
  • Lounges 1
  • Open Parkings 1
  • Access Gate
  • Alarm
  • Scenic View
  • Kitchen
  • Intercom
  • Paving

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