1 Bed Apartment in Die Hoewes
Great Investment Opportunity - No Transfer Costs & No Transfer Duty. 24 Units available. Proudly Exlusive Mandate. Next door to everything. Exceptional investment. Location, location, location Great condition. Priced to sell fast. Act quickly.
The unit is currently tenanted. When you purchase now, you take over the current tenant agreement. This means you become the landlord & receive the rental income until expiry of the lease in place. Rental income currently is R5,850 gross per month. Apartment is situated on the 2nd floor.
If you buy as an investor, your return on investment is an IRR (Internal Rate of Return) of 28.18% in year 5, with the 1st 4 years being much higher.
Stunning 1 bedroom, 1 bath room (en-suite) lock-up & go apartment in safe & secure complex. Newly developed Apartments on Gerhard is just 7 years old & situated close to main intersection Jean Ave & Gerhard St, just behind News Cafe & Mimmos & just down the road from Gautrain station which is only 1.20km away. Neat as a pin with almost no maintenance required. Ideal lock-up-&-go apartments for the you professional or student. Extraordinary views over the whole of Centurion from stunning rooftop garden. 24/7 Manned security gate control with 2 guards during the day & night.
Home under tiles. Well-fitted kitchen with sufficient cupboard space & washing machine connection, under counter oven & hob. Open plan TV/ living room. Bathroom comprises a basin, toilet & shower. Each unit has own under cover parking bay with lots of available parking for your visitors. Complex has electric fence & security is one of its best features. Guard house with 24/7 manned security control with 2 guards during the day & night (1 at the entrance gate & 1 patrolling. Apartment includes security gate & burglar bars. Each apartment features a DSTV connection point (plug & play) as well as internet connection.
Conveniently situated between Johannesburg and Pretoria, Centurion real estate is an ideal area for the up and coming businessperson. With main access routes connecting Centurion with every important centre in Gauteng, commuting to nearby metropolitan areas and towns is hassle free. All required amenities in the area are aplenty & just around the corner from shopping centres & convenience stores. Close to Centurion Mall, Jean Village & Jean Crossing.
No Transfer Duty & Transfer Costs payable = saving of R40,989.75.
Only Pre-Qualified Buyers will be allowed to view.
Don''t miss out. Contact me today for an exclusive viewing appointment. Act quickly because I sell them fast.
Property details
- Listing number T4634991
- Property type Apartment
- Listing date 14 May 2024
- Floor size 46 m²
- Rates and taxes R 798
- Levies R 798
Property features
- Bedrooms 1
- Bathrooms 1
- En-suite 1
- Lounges 1
- Built in cupboards
- Kitchen
- Family TV room