1 Bedroom Apartment For Sale in Norwood

R599,000

Monthly Bond Repayment R6,182.81
Calculated over 20 years at 11% with no deposit.

Web Ref No ORL28888

Investment property for sale: 1 Bedroom Apartment

This charming one-bedroom apartment located in a prime location at Norwood Garden Village offers a fantastic opportunity for steady rental income, with a secured tenant already in place generating R 6,500.00 per month. The perfect choice for investors looking to expand their portfolio!

Situated in the secure and peaceful Norwood Garden Village, the apartment is flooded with natural light, creating a warm and welcoming atmosphere.

The open-plan layout includes a modern kitchen with ample cupboard space, leading to a large living area, located down a few stairs.

The living area is open plan and can be configured to suit your tenants needs.

The apartment also features a well-appointed bathroom, complete with a bath, over-bath shower, basin, and toilet.

Plus, a generous walk-in closet offers plenty of storage space.

Key Features:
Communal Amenities: Beautiful gardens, children's play area, communal pools, and braai facilities.
Fibre-Ready: Stay connected with fast and reliable internet.
Parking: One undercover parking space.
Location: Perfectly positioned within walking distance of Norwood Mall and close to public transport routes.

This is an investor’s dream, generating income from day one and offering fantastic potential for long-term growth.

Don’t miss out on this opportunity!

Schedule a viewing today!

Features

Bedrooms 1
Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 50m²
Carports/Parkings 1
Pool Yes
Monthly Rates R520.00
Monthly Levy R1,645.00