This excellent investment property with a long-term tenant (renting for over 11 years) is registered in a CC and selling far below the valuation price. The current rent income is N$ 7,400.00 and the current levy is N$ 904.00 The COW Rates and Taxes anount is N$ 558.00 per month.
It is a spacious 2-bedroom flat within walking distance to Baines Shopping Center.
The flat features an open-plan living area with a fully fitted kitchen and a bathroom with a shower, toilet and washbasin. For added security, the front door has a security gate and burglar bars are installed on the aluminum windows. The flat also comes with a shade net carport and is located in a secure complex with a guardhouse, boundary walls and an electric fence.
This flat is situated in a prime location, close to all amenities. It presents an amazing opportunity to purchase an investment property at a price that is far below the valuation. The long term tenant and rental income also make this an very attractive and secure investment.
Don’t miss out on this excellent investment opportunity! Contact us today to view this great property.
