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MANOR GARDENS, WESTRIDGE- House with outbuilding
R 2,150,000
Can I afford this?
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2 years ago913 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1212
Parking:Secure Parking
Description
TEAM SHANE PROPERTIES | Don't miss out on this incredible chance to expand your investment portfolio with a remarkable house in Manor Gardens, Westridge. Currently rented out to students, this property generates a fantastic income of R27,500. With its location and lucrative rental potential, it's an excellent addition for a hands-on, business-minded individual like you.
The property boasts multiple living spaces, making it ideal for accommodating tenants. The outbuilding features a fitted kitchen, tiled lounge, and 2 bedrooms. Beneath the outbuilding, you'll find another gem—a one-bedroom unit with an open-plan lounge and kitchen, tiled for convenience.
The main house offers a dining area, lounge, kitchen, 3 bedrooms, a toilet, shower and bathtub for ultimate relaxation.
Additionally, this property includes two external rooms. The first room consists of one bedroom, an open-plan lounge and kitchen, and a separate toilet and shower—all fully tiled. The second external room features two bedrooms, a small kitchen, and a convenient shower and toilet.
For your peace of mind, the property provides electronic gated access and ample parking space for 4-5 cars, ensuring the security and convenience your tenants deserve.
With rates of only R844 and a generous size of 1212m², this investment opportunity is truly remarkable. Manor Gardens affordable location, coupled with the potential for high rental income, makes this property a savvy choice for the astute investor.
Seize this chance to grow your investment portfolio and reap the rewards of a successful venture in Manor Gardens, Westridge.
Rates: R844
Size: 1212m2
Please call Shane to arrange a viewing by appointment.
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Contact us for home loan finance assistance, property evaluation, written evaluation, Flisp housing subsidy, pension backed lending.
Id Subtitle 1088033370
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Estimated monthly repaymentR 23,300
Total property loan amountR 2,150,000
Total interestR 3,441,929
Total repaymentR 5,591,929
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Shane Gokul
Selling for 14+ years
Total Ads1.11K
Active Ads91
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