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Karino, Karino, Nelspruit, Mpumalanga
R 300 000
This neat bachelor unit for sale in the secure and popular Summer Rain Estate, Karino, offers an ideal investment opportunity – perfect for first-time buyers or seasoned investors alike. Priced to sell, this well-maintained sectional title unit offers excellent value and strong rental returns. The unit features a comfortable open-plan layout with a lounge, kitchen, and one bathroom. Security is a key feature of this estate, providing peace of mind to both owners and tenants. The complex has a monthly levy of R775 and municipal rates of approximately R700, making it an affordable choice for those looking to start or grow their property portfolio. Currently, the rental income exceeds typical bond repayments, making this a sound investment with positive cash flow potential. With consistent tenant demand in the area, this unit is ready to start working for you from day one. Don’t miss out on this excellent opportunity. Just take it – and be happy.
Estimated monthly repayment
R 2 833
on a R 270 000 bond over 20 years at 11.25%
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Karino, Karino, Nelspruit, Mpumalanga
Listed by
Teddy Nkosi
Seeff Mbombela & Surrounds
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