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R1,500,000

Monthly Bond Repayment R15,738.84
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Auction

Investor’s Special: 3-Bedroom, 2-Bathroom Apartment for Sale at Balboa Park, Oakdene – Income-Genera

Investor’s Special: 3-Bedroom, 2-Bathroom Apartment for Sale at Balboa Park, Oakdene – Income-Generating Opportunity!

This spacious and modern 3-bedroom, 2-bathroom apartment at Balboa Park in Oakdene is the perfect addition to any savvy investor’s portfolio. Currently tenanted with a reliable rental income stream, this property offers immediate returns in a high-demand area. Step into a hassle-free investment opportunity with everything set up for steady cash flow from day one.

Why This Investment Makes Sense:
• 3 Spacious Bedrooms with ample built-in storage, appealing to families and professionals alike
• 2 Modern Bathrooms – including an en-suite for the main bedroom
• Current Lease in Place – guaranteeing rental income right from the start
• High Rental Demand in Oakdene, known for its convenience and vibrant community

Balboa Park Amenities – Ideal for Tenants and Owners Alike:
• Fully Equipped Gym – Attract tenants looking for a fitness-focused lifestyle
• Swimming Pool and Entertainment Area – Ideal for relaxing or hosting guests
• Children’s Play Area – A hit with young families and long-term tenants
• 24/7 Security and Controlled Access – Peace of mind for tenants and owners
• Lush Landscaped Gardens – Adding a serene touch to the urban living experience

Prime Location in Oakdene:
Located close to The Glen Shopping Centre, top-rated schools, medical facilities, and major highways, Balboa Park provides tenants and owners easy access to all essentials while offering a peaceful retreat from the city buzz.

Why Invest Here?
Oakdene’s rental market is strong, and properties at Balboa Park are highly sought after. With an established tenant and rental income already in place, this property allows you to maximize returns immediately. Add a well-maintained apartment in a sought-after estate to your portfolio, ensuring consistent demand and long-term capital growth.

Act Now – This Property Won’t Last Long!
Priced to sell and ready to keep your cash flow positive, this is a rare opportunity for serious investors. Don’t wait—contact us today to secure this income-generating apartment at Balboa Park, Oakdene!

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
99m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

15,738.84

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