2 Bed Apartment in Kosmosdal

Ground Floor 2 Bedroom 1 Bathroom Secure Lockup & Go For Sale In Summerfields Estate!

Neat & Cosy ground floor 2 Bedroom 1 Bathroom apartment for sale in Summer Mews Complex within Summerfields Estate.

This apartment boasts a spacious open plan lounge flowing onto covered patio & garden with Dining & fully fitted kitchen offering ample built-in cupboards, oven & hob as well as space for appliances.

2 Spacious bedrooms offering built-in cupboards with 1 full common bathroom offering both a bathtub & shower.

1 Covered & 1 Open Parking.

Prepaid Electricity

Metered Water

Inverter system installed

Summerfields Estate offers:

Clubhouse

Communal Pool

Tennis Court

Hiking Trail

1st time buyer starter apartment or for the property investors

Tenant in place for investors, R7000 rental income

Levies: R1600 (includes insurnace, sanatation, garbage disposal)

Rates and taxes: R417

Gross income: R7000

Expenes: R1600 ( Levy) + R400 (Rates) = R2000

Net: R5000

Net annual Income: R60 000

ROI: 8% return on investment

Plus selling value in the near future to go up in price

Return on investment will increase each year with rental escalation and the property has massive potential for appreciation as its in a up and coming business area just of the N1 highway, the area over the years has consistently increased in value.

Just off N1 on samrand road directly across samrand business park

Close to blue valley mall, blue valley country club and conveniently located between pretoria and jhb.

Estate

Lounge

Security Complex

Security Estate

Wellness Estate