Excellent Investment Property

R 1,599,000

Can I afford this?
1 month ago28 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Parking:Covered
Description
Unlock an incredible investment opportunity with this versatile property in Empangeni.
Boasting a spacious 4-bedroom house and a separate 2-bedroom flat, this residence offers potential for both comfortable living and rental income. Situated close to all amenities, convenience is at your doorstep.
The main house features a fantastic entertainment area with a pool, perfect for gatherings and relaxation. Meanwhile, the separate flat provides privacy and autonomy, with its own undercover patio. Ideal for a couple starting out, this property presents the chance to generate rental income to help subsidize the bond, making homeownership more accessible.
Whether you're seeking a place to call home with additional income potential or looking to expand your investment portfolio, this property offers endless possibilities for financial growth and comfortable living in Empangeni.

Has Pool
Property Reference #: RL5519

Agent Details:
Berdette Down
Maxprop Holdings (Pty) Ltd
31 Biyela Street
Empangeni

Id Subtitle 1268723142
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Estimated monthly repaymentR 17,329
Total property loan amountR 1,599,000
Total interestR 2,559,835
Total repaymentR 4,158,835
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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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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