Great investment opportunity at a strategic spot in Breidbach

R 2,850,000

Can I afford this?
3 years ago1683 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Parking:Garage
Description

This property generates a rental income of over R 17,000 a month-
The property consists of two shops ( one a bottle store -the other a general store) and a three bed roomed house all built on one plot enjoying two road fronts. All three units are rented out currently.

Very conveniently and prominently located to serve the town of Breidbach.
A must see for the serious investor.

# Parking: 1
Property Reference #: 1809199

Agent Details:
Ranji Ekanayake
RDE Properties
78 Durban Street
King Williams Town

Id Subtitle 801148614
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Estimated monthly repaymentR 30,886
Total property loan amountR 2,850,000
Total interestR 4,562,557
Total repaymentR 7,412,557
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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RDE Properties
Selling for 7+ years
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