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8.5HA Kelley's View Property with huge potential
R 2,300,000
Can I afford this?
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6 months ago247 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):2
Bathrooms (#):1
Parking:Garage
Description
Situated a few km's from Makro on the Kimberley Road - this property is already generating an income of R9500p/m - from three bedroom cottage, a one bedroom cottage and a store measuring 11 x 7m plus u/c area also 11 x 7m.
The rates at present is R824p/m. Some restoration is needed which will increase the values and subsequent higher rentals. Both cottages have u/c parking spaces and the main unit has open and close smaller storage areas.
There is a borehole - not fitted. Premises have pre-paid meters but no 3phase power.
Included in this offer -
* Approved plan for a 1045m² store
* Signed plans for 2 x houses which can be submitted to council - these are set back from the main Kimberley road.
Do not miss out, call us today for a viewing appointment today!
Property Reference #: LFBN-5983
Agent Details:
Hendrik Lourens
Leapfrog Property Group
3 Arboretum Avenue, Westdene, 9301, Free State
The rates at present is R824p/m. Some restoration is needed which will increase the values and subsequent higher rentals. Both cottages have u/c parking spaces and the main unit has open and close smaller storage areas.
There is a borehole - not fitted. Premises have pre-paid meters but no 3phase power.
Included in this offer -
* Approved plan for a 1045m² store
* Signed plans for 2 x houses which can be submitted to council - these are set back from the main Kimberley road.
Do not miss out, call us today for a viewing appointment today!
Property Reference #: LFBN-5983
Agent Details:
Hendrik Lourens
Leapfrog Property Group
3 Arboretum Avenue, Westdene, 9301, Free State
Id Subtitle 1243513795
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Estimated monthly repaymentR 24,926
Total property loan amountR 2,300,000
Total interestR 3,682,063
Total repaymentR 5,982,063
Interest rate at 11.75% for 20 years *
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Leapfrog Property Group
Selling for 2+ years
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