Cradock Avenue, Rosebank, Johannesburg, Gauteng
R1 800 000
Apartment / Flat
Calling INVESTORS. Located in the heart of the buzzing Rosebank precinct this modern and sleek designed apartment with an abundance of natural light in the living room creates a rejuvenating setting for executives wanting a lock-up and go and for the INVESTOR who can get a high return through AIRBNB-managed through the apartment block rental managers.
North facing and overlooking a current development site which will comprise 4 magnificent office towers and a retail center which, when completed will increase the value substantially. A direct access link via a footbridge is planned for the site. Currently just an open piece of land.
Motivated seller and has been getting a return of around R25 000 per month from AIRBNB.
Prime position for both business and leisure travelers being located in the leafy suburb. It boasts a short stroll along a tree-lined pedestrian walkway to the Rosebank Gautrain and the newly renovated Rosebank Mall which has a variety of upmarket shops, dining, and entertainment options.
Open plan lounge/dining/stylish kitchen and opening out to the patio. Two good-sized bedrooms with one full bathroom with excellent fittings.
Two undercover parking bays, fiber internet, and prepaid electricity. DSTV. AMAZON AND NETFLIX. 8sqm Store room included in the price. Generator in the block.
Furnished contents can be considered for plus minus R50 000 extra. The property was purchased off plan in 2013 with one owner only.
Areas: 75 m²
Bedrooms: 2
Bathrooms: 1
Rooms: 5
Units: 5
Floors: 1
Kitchens: 1
Parking: 2
Loan Value (Capital) | R 1 200 000 |
Total Interest | R 1 120 080 |
Total Repayment | R 2 320 080 |