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3 Bed 1 Bath Simplex in St George Complex
Very Neat 3 Bed 1 Bath Simplex with double garage in St George complex in Midrand. The kitchen features plenty of built-in cupboards, ceaser stone tops and a space for a washing machine/dishwasher/drier. The lounge, kitchen and dining are open plan The lounge leads out to a patio with a view of the large private garden which is a suitable for relaxation. The complex is situated in the best location in Midrand as it is very close to Sanridge Square, Carlswald Lifestyle Shopping Centre (featuring Virgin Active), Midway Mews Shopping Centre, Protea Hotel, Vodaworld, the N1 freeway and Gautrain station. The complex has a clubhouse, swimming pool and braai areas. The simplex is suitable for a family with 0 to 3 kids. The simplex is also highly suitable as an investment for rental income. Midrand is a suburb that is highly liked by working class young adults between the age of 20 and 30. Rental income is guaranteed. If you want to start-up in property investment this is where you should start (quality matters). If you are already in the game you know that this is one of the best investments you can make in Midrand. Property values always increases. Now think about how much a simplex like this will be worth 5 years from now. Whatever it will be worth, the difference will go into your pocket when you decide to sell 5 years from now. Plus you would have received rental income for the whole of the 5 years. If you are still in the 20ís or 30ís and the bank can grant you a loan, there is no reason why you should not take this unfair advantage. Gross Salary to qualify for a bond for this property is approximately R35 000.00 and the monthly installment is approximately R10 153.03. The transfer and bond registration cost that must be paid to Attorneys to transfer and register the property is approximately R44 081.00.