Income producing property in Lourier park Bloemfontein!!!

R 1,050,000

Can I afford this?
1 year ago573 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):741
Parking:Covered
Description
I introduce to you this income producing property on the edge of Lourier park.
This property consists of four very spacious units in total.
Three units are two bedrooms and one unit is a one bedroom unit.

All units have an open plan kitchen and lounge and toilet/bathroom.
The yard is so big, that you can build more rooms for additional rental income.
This property has endless possibilities!!!

The overall rental income is R15000 per month, what a Bonus!!!

Meaning with the rental income, you'll be able to pay the bond, rates and taxes and still be left with change.
The property is fully occupied with tenants who have been living there for years now.

The property is well located near public transport and local shops. Windmill Casino 2minutes drive away from the property, and Fleurdal mall is is 5minutes drive away from the property.

This is indeed a great investment! The owner is currently making minor renovations such as changing doors, painting ect.....

You don't want to miss this one.
Don't hesitate, contact me for viewing today!

Rates And Taxes: 700
Security Features: Fence
Property Reference #: 3942444

Agent Details:
Samantha Mojatau
Bloemfontein
Chas Everitt
12 Dirkie Uys
Wilgehof
Bloemfontein

Id Subtitle 1191881867
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Estimated monthly repaymentR 11,379
Total property loan amountR 1,050,000
Total interestR 1,680,942
Total repaymentR 2,730,942
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 3+ years
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