R 665 000 | 2 bed property for sale in summerfields estate

Neat & Cosy ground floor 2 Bedroom 1 Bathroom apartment for rent 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 Summerfields Estate offers: Clubhouse Communal Pool Tennis Court Hiking Trail Also for sale R670 000 ( bank repayment R6700) 1st time buyer starter apartment or for the property investors Tenant in place for investors, R7250 rental income Levies: R1600 (includes Insurance) Rates and taxes: R400 Gross income: R7250 Expenes: R1600 ( Levy) R400 (Rates) = R2000 Net: R5420 Net annual Income: R65 040 ROI: 8,97% return on investment Plus value / capital appreciation in the near future to go up in price. 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.