R 590,0001 bedroom home in Wellington, Wellington North
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R 590,000Prime Investment Opportunity: Bachelor Flat with High Rental Yield in WellingtonWellington, Wellington North
1 1 1 28 m²
This property is perfect for buy-to-let investors, student parents, or first-time investors seeking a reliable return.
- Attractive Rental Yield: Benefit from a gross rental yield of 10.2% and a net rental yield of 7.12% after management fees, taxes, and levies.
- Steady Demand: The area enjoys consistent demand from students and singles, making it a highly appealing investment opportunity.
- Affordable Living: A bachelor flat with 1 bathroom, offering an affordable living option in Wellington, ideal for budget-conscious individuals.
Whether you're an experienced investor or just starting, this property presents a fantastic opportunity for long-term returns in a sought-after area. Don’t let this chance slip away—invest smartly today!
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Security
Pet friendly
Listing Number
6971878
Type of Property
FlatApartment ( Sectional Title)
Listing Date
31 Mar 2025
Floor Size
28m²
Levies
R1100
Rates and Taxes
R300
Furnished
No
Bedrooms
1
Bathrooms
1
Family T V Room
1
Kitchen
1
Garage
0
Parking
1
Totally Fenced
Electric Gate
Electric Fencing
Perimeter Wall
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.
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Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.