Investment Opportunity in Palm Springs - Tenant in Place
Web Ref.
Palm Springs B Block
Land size
42.00 m²
Floor size
42.00 m²
An excellent opportunity to secure a 1-bedroom investment apartment in Palm Springs, with an existing tenant already in place and generating a monthly rental income of R7,800, subject to the agreed annual escalation.
Ideal for investors looking for a simple, income-producing property in Cape Town, the apartment offers the added benefit of optional full rental and property management through the on-site property management company.
From tenant management and rental collections to inspections, maintenance coordination and general day-to-day administration, the property can be managed on your behalf, making this an ideal hands-off investment opportunity.
Investment Highlights:
1 Bedroom apartment
Existing tenant in place
Current rental income of R7,800 per month
Annual rental escalation
Optional full rental management
On-site property management company
Ideal Cape Town buy-to-let investment
Immediate rental income from an established tenancy
Buy today and start earning rental income from day one.
Ideal for investors looking for a simple, income-producing property in Cape Town, the apartment offers the added benefit of optional full rental and property management through the on-site property management company.
From tenant management and rental collections to inspections, maintenance coordination and general day-to-day administration, the property can be managed on your behalf, making this an ideal hands-off investment opportunity.
Investment Highlights:
1 Bedroom apartment
Existing tenant in place
Current rental income of R7,800 per month
Annual rental escalation
Optional full rental management
On-site property management company
Ideal Cape Town buy-to-let investment
Immediate rental income from an established tenancy
Buy today and start earning rental income from day one.
Monthly Levy
R1,698
Monthly Rates
R140
Total
R1,838
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Brooklyn, Milnerton
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.41 km - Koeberg Service Station
0.55 km - Total Brooklyn
0.73 km - Continental Motors
Bus Station
0.17 km - Fenwick 1
0.21 km - Bus Stop
0.21 km - Bus Stop
Hospital/Clinic
0.41 km - Brooklyn Day Hospital
0.91 km - Brooklyn Chest Hospital
1.08 km - Brooklyn Chest Hospital
Police Station
1.53 km - South African Police Service - Voortrekker Street
2.51 km - South African Police Service Pinelands Police Station
2.60 km - South African Police Service Kensington Police Station
Shopping Centre
0.55 km - Eco Lifestyle
0.67 km - Highway Park Shopping Centre
0.79 km - Northgate Island Centre
0.02 km - Buren High
0.24 km - Ysterplaat Primary School
0.31 km - Focus College
0.32 km - Little Stars Educare
0.33 km - Ysterplaat Junior Primary School
0.34 km - Ysterplaat Junior Primary School
0.36 km - Busy Bee Daycare
0.44 km - Ysterplaat Pre-Primary School
0.55 km - Buren High School
0.96 km - Childcare At Home
1.17 km - Maitland Secondary School
1.49 km - Industries Education And Training Institute
1.55 km - Holy Cross High School Maitland
1.82 km - Cape Town
2.22 km - Western Cape Forum For Intellectual Disability
3.95 km - Rhodes High School
Average sold property price in Brooklyn
Freehold
Sectional Scheme
Vacant Land
Freeholds
R2,124,988
20.0%
Average price
102
20.0%
Transfers
Sectional Titles
R649,711
33.3%
Average price
51
33.3%
Transfers
Estates
R
0%
Average price
0
0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Kingstons Real Estate website is accurate and up to date, Kingstons Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
