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R 695 000 Bond Calculator | 2 Bedroom Apartment / Flat for Sale in Grahamstown Central

3 Ss Somerset Corner, 2a Somerset Street, Grahamstown Central, Grahamstown

2 2 1
Erf Size: 1 374 m²

Somerset corner - investment property - r8600.00 rental income per month!

Somerset Corner is one of the closest apartment complexes to Rhodes University and it is less than 200m from the main shopping centre (Peppergrove Mall). Each unit consists of a lovely open plan kitchen/living room area, 2 spacious bedrooms, both bedrooms have en-suite bathrooms, a well finished kitchen with granite worktops. The units includes a washing machine, a tumble dryer, a fridge/freezer, oven and gas hob.
The complex offers Resnet, which gives access to Rhodes University mainframe, DSTV connection and a security guard at night for additional student security. The unit has been fully let for 2025 and brings in a rental income of R8600.00 per month until the end of November 2025. The apartment comes with a security alarm system and prepaid electricity meter.
Call me now to add this amazing property to your portfolio!


Property Overview

Listing Number
115460474
Type of Property
Apartment / Flat
Street Address
3 SS SOMERSET CORNER, 2A Somerset Street, Grahamstown Central
Description
First Floor
Lifestyle
Security Complex, Student Accommodation
List Date
22 January 2025
Erf Size
1 374 m²
Floor Area
50 m²
Price per m²
R 13 900
Levies
R 780
Rates and Taxes
R 1 820
Pets Allowed
No

Rooms

Bedroom
2
Bedroom 1
, Built-in Cupboards, Double Bedroom
Bedroom 2
, Built-in Cupboards, Double Bedroom
Bathroom
2
Bathroom 1
En suite, Shower, Toilet and Basin
Bathroom 2
En suite, Shower, Toilet and Basin
Kitchen
1
Kitchen 1
, Open Plan, Stove (Oven & Hob), Extractor Fan, Fridge, Granite Tops, Washing Machine Connection, Tumble Dryer, Under Counter Oven, Piped Gas
Lounge
1
Lounge 1
, Tiled Floors, Blinds, Curtain Rails, Open Plan

External Features

Parking
1
Parking 1
Secure Parking

Building

Backup Water
Water Tank

Other Features

Security
Security Gate, Alarm System, Burglar Bars, Electric fencing
Special Features
11
Special Features
Communal water tanks and pump - back up water
Special Features
2 x beds
Special Features
2 x desks
Special Features
2 x chairs
Special Features
2 x bookshelves
Special Features
washing machine
Special Features
tumble dryer
Special Features
Fridge/freezer combo
Special Features
4 plate stove and oven (stove is gas and electric)
Special Features
Extractor fan
Special Features
gas cylinder
Backup Water
Yes


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Jessica Els
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