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Investors Dream
R 795,000
Can I afford this?
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1 year ago635 views
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General Details
Description
Exclusively Mandated by S3 Properties
This property is an investors dream in reality. This property offers the following:
4 Income Generating Studio Apartments
Ground Floor
2 x Apartments with on suites
Additional Guest Toilet and Shower
1st Floor
2 x Studio Apartments with on suites
Each apartment has modern finishes. All apartments are currently tenanted and are on a month to month lease agreement, tenants are willing to sign new leases with the new owner.
Parking on the property for about 6 vehicles. Potential to add more apartments to generate additional income. Property is fully fenced and gated.
This is a serious seller, if you are a serious buyer, please contact me for further info and to set up a viewing.
Property Reference #: 142
Agent Details:
Sagren Pillay
S3 Properties
This property is an investors dream in reality. This property offers the following:
4 Income Generating Studio Apartments
Ground Floor
2 x Apartments with on suites
Additional Guest Toilet and Shower
1st Floor
2 x Studio Apartments with on suites
Each apartment has modern finishes. All apartments are currently tenanted and are on a month to month lease agreement, tenants are willing to sign new leases with the new owner.
Parking on the property for about 6 vehicles. Potential to add more apartments to generate additional income. Property is fully fenced and gated.
This is a serious seller, if you are a serious buyer, please contact me for further info and to set up a viewing.
Property Reference #: 142
Agent Details:
Sagren Pillay
S3 Properties
Id Subtitle 1204145731
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No. of years
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Estimated monthly repaymentR 8,616
Total property loan amountR 795,000
Total interestR 1,272,714
Total repaymentR 2,067,714
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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S3 Properties
Selling for 1 year
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