INVESTOR'S PARADISE- HIDDEN GEM (GUEST HOUSE/B&B/ACCOMMODATION)

R 4,100,000

Can I afford this?
9 months ago165 views
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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1000
Parking:Covered
Description
This hidden piece of property is off North Coast Road. It's a gem of a property that is hidden in a country style outlook. The main building is occupied by the owner and a major part of the property is tenanted. The house has a wrap-around balcony in it over-looks a sparkling pool and an amazing garden around it. The property has another 3 house on it. All parts of these house are tenanted and it derives an income in excess of R40 000.00 per month. There is ample parking on the property and it boast 2 frontages (One from North Coast Road and one from Cranberra avenue. There is a tennis court on the property and this part of the property can be converted into something amazing like a convention centre. The uniqueness of this property makes it a very prized possession.

Has Pool
Property Reference #: TPR7354

Agent Details:
Richard Abraham
Tyson Properties
Office 1 Station Building
Lion Match Office Park
892 Umgeni Road
Durban, 4001

Id Subtitle 1227595059
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Estimated monthly repaymentR 44,432
Total property loan amountR 4,100,000
Total interestR 6,563,678
Total repaymentR 10,663,678
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Tyson Properties
Selling for 3+ years
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