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A GOOD VALUE FOR MONEY, BUY IN THIS VERY SAFE WELL MAINTAINED UPMARKET ECO ESTATE
R 1,350,000
Can I afford this?
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5 months ago239 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):165
Parking:Garage
Description
PREPAID ELECTRICITY & WATER. WILDTUIN ECO ESTATE – RECENTLY BUILT HOME FOR SALE.. EXCELLENT INVESTMENT. Live in the exclusive, Wildtuin Park Estate, where you can wake up in the morning to the early animal calls of the adjacent animal reserve. This spacious and comfortable home offers 3 large bedrooms, 2 modern bathrooms, mes. Well-planned kitchen. Open plan Lounge and dining room. Patio. Corner stand
Property Reference #: RL935084
Agent Details:
Conrad Nieman
Just Property
99 Conrad Drive
Blairgowrie
Randburg
2194
Property Reference #: RL935084
Agent Details:
Conrad Nieman
Just Property
99 Conrad Drive
Blairgowrie
Randburg
2194
Id Subtitle 1247098636
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Estimated monthly repaymentR 14,631
Total property loan amountR 1,350,000
Total interestR 2,161,211
Total repaymentR 3,511,211
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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Just Property
Selling for 5+ months
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The owners of this well-located property are asking R7,500,000.00
and are negotiable. Prior to Covid-19 the owner was getting a passive rental
income of around R107,370.00 a month. Like all businesses Covid has affected the
rental is currently R72,400.00 per month but there are a number of new
stall/factory leases being negotiated. It must be borne in mind that the seller
reduced the rental of the tenants so as to assist them during the pandemic
period. This property has the potential to easily generate a passive income of
around R117,300.00 per month.
Just off the M5 (Beyer’s Naude Drive) and close to the
N14 highway, this property measuring 4.3 hectares has over 2,000 sq. metres
under roof. The passive income is generated by a number of small businesses
ranging from a number of shops/boutiques, micro brewer specialising in craft
beer, a number of well know factories and many flea-market stores and don’t
forget the go-cart track.
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