R 309 000
| 1 Bedroom House for Sale in Arcadia
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Arcadia bachelor with TENANT paying your expenses as an Investor
Solid Investment Opportunity in Arcadia
This spacious 43 sqm bachelor apartment offers a great entry point for savvy investors. Located in a well-maintained and secure complex on Francis Baard Street, the unit has been tenanted for the past three years, generating a steady rental income of R3,685 per month.
With a bit of TLC, there's definite potential to increase the rental yield. The complex boasts a strong and efficient Body Corporate, adding to the appeal and long-term value of the investment.
Key Features:
43 sqm tiled bachelor apartment
Long-term tenant in place (3 years)
Current rental income: R3,685/month
Potential for rental increase with upgrades
Well-run complex with excellent Body Corporate
Convenient Arcadia location
Perfect for first-time investors or those looking to expand their portfolio in a high-demand rental area.
Close to Boston College
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Contact AgentWeb Ref 115951757
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