Modern & secure 1-bedroom ground-floor unit in Cosmos View Estate

R540,000

Property Description

The complex offers the double security of a complex in an estate with security guards, controlled access, regular patrols, electric fence. The complex also offers two braai areas, while the estate offers a clubhouse and pool area.

It offers the following amenities:
– 1 bedroom
– 1 full bathroom
– family/TV room
– kitchen
– patio
– carport

Kosmosdal is a developing suburb pleasantly located with quick access to the N1 (Samrand offramp) and Mall at Reds.

The current tenant is paying R5300/m, although this can be increased. This results in a gross yield of 10.9% and a nett yield of 7.7%.

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Complex Features

Age:

14

24 Hour Security:

Yes

Facebrick:

Partial

Pool:

Yes

Clubhouse:

Yes

Playground:

Yes

Visitors Parking:

Adequate

Other:

Tennis

Property Attributes

Own Garden:

No

Electricity:

Prepaid

Fibre:

Yes

Has Tenant Now:

Yes

Tenant Pays for Utilities:

Water & Sewerage

Financial Vitals

Rent:

R 5,300

Levies:

R 1,294

Rates & Taxes:

R 300

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