INVESTORS Welcome to your dream INCOME GENERATING home in Isipingo Rail!

R 1,800,000

Can I afford this?
10 months ago137 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):1
Parking:None
Description
This single storey gem is the perfect investment opportunity with endless potential.

Double Storey Flatlet is being used as offices at the moment with a guaranteed tenant for 6 years.

With existing 9 tenants generating an income from each rental room with individual electricity meters, you can enjoy immediate returns on your investment.

But that's not all. This property has the potential to expand to a second level, increasing its value and maximizing your investment.

Imagine the possibilities - a larger space for your growing family, an additional rental income stream, or the perfect space for a home office or gym.

Located in the thriving community of Isipingo Rail, this home offers easy access to shops, schools, and amenities.

With a spacious yard and ample parking, you'll have room to entertain guests or simply enjoy the large space it offers.

Don't miss out on this incredible opportunity to own a piece of real estate gold.

Contact us today to schedule your viewing and take the first step towards making this house your investment home.

Property Reference #: TPR6178

Agent Details:
Siva & Surie Govender
Tyson Properties
Shop 2B Coronation Walk
6 Purity Lane
Malvern
4093

Id Subtitle 1217173352
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Estimated monthly repaymentR 19,507
Total property loan amountR 1,800,000
Total interestR 2,881,615
Total repaymentR 4,681,615
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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Tyson Properties
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