R 395 000 | 1 bed property for sale in wynberg

NEWLY RENOVATED - INVESTMENT PROPERTY - POSITIVE GEARING - EASY TO TENANT - WELL RUN BLOCK Rental income: R5200 per month Looking to expand your investment portfolio for a property that is positively geared with profits to be made on an annual rental income bases? This unit is for you. It is a bachelor apartment on the 3rd floor of Grand central and currently earns a rental income of R5200 per month. Building and Amenities: - The block has three lifts that operate during load shedding. Passage lights, security system and lifts all work during loadshedding. - The complex is centrally located in the heart of Wynberg. - 24 Hour fully guarded security - On site building manager, who is available and communicative - Biometric finger access. - This unit comes with a parking bay - Unit has prepaid electricity with water charged on a monthly basis