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MOTIVATED SELLERS WITH INCOME INCOME INCOME!!!
R 2,900,000
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6 months ago56 views
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General Details
Description
Situated in the bustling heart of Marlands, this income-generating property presents a lucrative opportunity. Comprising six self-contained units, each equipped with two bedrooms, a kitchen, bathroom, and lounge, the property boasts a strategic design for both privacy and convenience.
Four of the units are currently occupied by long-standing tenants, generating consistent rental income ranging from approximately R5500.00 to R6500.00, dependent on unit size. The well-defined separation of gardens by walls adds an extra layer of privacy to each unit.
Furthermore, the property ensures security with high walls encompassing the entire premises. Access is granted through automated gates, providing a secure entry point to the yard. Additionally, each unit is equipped with security gates at its entrance, enhancing overall safety.
Two covered parking spaces accompany each unit, offering convenience and protection for residents' vehicles. Beyond the property's confines, Marlands is known for its tranquil and clean community atmosphere, coupled with easy access to the N12 Highway, making this investment both practical and promising.
Property Reference #: 6231190
Agent Details:
Brendon Winkler
Kingstons Real Estate
103 Boeing Road East,
Bedfordview
Johannesburg
1401
Four of the units are currently occupied by long-standing tenants, generating consistent rental income ranging from approximately R5500.00 to R6500.00, dependent on unit size. The well-defined separation of gardens by walls adds an extra layer of privacy to each unit.
Furthermore, the property ensures security with high walls encompassing the entire premises. Access is granted through automated gates, providing a secure entry point to the yard. Additionally, each unit is equipped with security gates at its entrance, enhancing overall safety.
Two covered parking spaces accompany each unit, offering convenience and protection for residents' vehicles. Beyond the property's confines, Marlands is known for its tranquil and clean community atmosphere, coupled with easy access to the N12 Highway, making this investment both practical and promising.
Property Reference #: 6231190
Agent Details:
Brendon Winkler
Kingstons Real Estate
103 Boeing Road East,
Bedfordview
Johannesburg
1401
Id Subtitle 1249333270
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Estimated monthly repaymentR 31,428
Total property loan amountR 2,900,000
Total interestR 4,642,602
Total repaymentR 7,542,602
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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Kingstons Real Estate
Selling for 3+ years
Total Ads115
Active Ads115
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