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R650,000 | 0.5 Bedroom Apartment For Sale in Sheffield Beach

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R650,000

Monthly Bond Repayment R6,380.68
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Levy
R475
Monthly Rates
R340

0.5 Bedroom Apartment For Sale in Sheffield Beach

This well-designed top-floor studio apartment is an excellent investment opportunity, priced at R650 000. Measuring 25 sqm, the unit maximizes space with a smart, functional layout, making it ideal for first-time buyers, young professionals, or investors. Please note that generic pictures are used for marketing purposes.

Located in a secure development with 24-hour security, the apartment offers peace of mind along with convenient, low-maintenance living. The unit features prepaid electricity, as well as a gas geyser and gas stove, helping to keep running costs energy-efficient and manageable. The property also includes 1 dedicated parking bay and currently achieves a strong rental income of approximately R6 000 per month, making it a great income-generating asset.

With rates of R340 and levies of R475, monthly expenses remain affordable. This is a fantastic opportunity to own a modern, secure property with excellent rental potential.

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
25.50m²
1
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