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Attention all property investors! An incredible opportunity awaits you!
R 1,199,999
Can I afford this?24 Photo(s)
20 days ago51 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):220
Parking:Garage
Description
***EXCLUSIVE SOLE MANDATE***
Welcome to the Fairdale property, where sleek contemporary design meets functionality and investment potential.
Property Overview:
Entry and Security: Upon arrival, you're greeted by contemporary gates and a plastered wall providing privacy and security.
Parking: The property features a tandem garage with a manual door, providing ample space for parking, along with a paved front area for additional vehicles.
Security Measures: Windows are equipped with burglar bars and white aluminum panes, and there are security gates at both the entrance and rear doors for added peace of mind.
Kitchen and Living Space: The open-plan kitchen is modern and functional, with contemporary wall tiles, built-in cupboards, a cooker, under-counter oven, and extractor fan. It seamlessly flows into the living room, creating a welcoming space for relaxation and entertaining.
Bathroom: The family restroom offers convenience with a washbasin, toilet, and shower.
Bedrooms: While the second bedroom may lack built-in cupboards, the main bedroom offers ample storage space.
Additional Features: The property includes a satellite dish, electricity box, and geyser. A beautiful awning covers the front door, providing shade and protection from the sun.
Investment Potential:
Double-Story Flatlet: At the back of the property, you'll find a double-story flatlet with four independent units, generating a passive rental income of R10,000.00 per month. This income covers over half of your bond repayments, offering a lucrative investment opportunity.
Unit Features: Each unit features a kitchenette, a sizable bedroom, and a separate bathroom with a washbasin, toilet, and shower.
Shared Utilities: The four units share one geyser, one power box for the ground level units, and one electricity box for the first-floor units.
Schedule a Viewing:
To explore the investment potential and functionality of this property, please contact Maxine to schedule a viewing. Viewings are strictly by appointment only.
Invest in Your Future:
Don't miss out on the opportunity to become a successful real estate investor and landlord with the Fairdale property.
Contact us today to schedule your viewing and take the first step towards securing your financial future!
Property Reference #: 1240237
Agent Details:
Noelene Snyder
Rawson Properties Kuilsriver
96, Van Riebeeck Road, Kuils River, De Kuilen, Western Cape
Welcome to the Fairdale property, where sleek contemporary design meets functionality and investment potential.
Property Overview:
Entry and Security: Upon arrival, you're greeted by contemporary gates and a plastered wall providing privacy and security.
Parking: The property features a tandem garage with a manual door, providing ample space for parking, along with a paved front area for additional vehicles.
Security Measures: Windows are equipped with burglar bars and white aluminum panes, and there are security gates at both the entrance and rear doors for added peace of mind.
Kitchen and Living Space: The open-plan kitchen is modern and functional, with contemporary wall tiles, built-in cupboards, a cooker, under-counter oven, and extractor fan. It seamlessly flows into the living room, creating a welcoming space for relaxation and entertaining.
Bathroom: The family restroom offers convenience with a washbasin, toilet, and shower.
Bedrooms: While the second bedroom may lack built-in cupboards, the main bedroom offers ample storage space.
Additional Features: The property includes a satellite dish, electricity box, and geyser. A beautiful awning covers the front door, providing shade and protection from the sun.
Investment Potential:
Double-Story Flatlet: At the back of the property, you'll find a double-story flatlet with four independent units, generating a passive rental income of R10,000.00 per month. This income covers over half of your bond repayments, offering a lucrative investment opportunity.
Unit Features: Each unit features a kitchenette, a sizable bedroom, and a separate bathroom with a washbasin, toilet, and shower.
Shared Utilities: The four units share one geyser, one power box for the ground level units, and one electricity box for the first-floor units.
Schedule a Viewing:
To explore the investment potential and functionality of this property, please contact Maxine to schedule a viewing. Viewings are strictly by appointment only.
Invest in Your Future:
Don't miss out on the opportunity to become a successful real estate investor and landlord with the Fairdale property.
Contact us today to schedule your viewing and take the first step towards securing your financial future!
Property Reference #: 1240237
Agent Details:
Noelene Snyder
Rawson Properties Kuilsriver
96, Van Riebeeck Road, Kuils River, De Kuilen, Western Cape
Id Subtitle 1276342169
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,199,999
Total interestR 1,921,075
Total repaymentR 3,121,074
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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Rawson Properties Kuilsriver
Selling for 3+ years
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