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Block of flats for sale-Investment opportunity
R 1,100,000
Can I afford this?
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12 days ago17 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Investment Opportunity: Don't miss out on this chance to own a block of flats in Tshepisong Phase 1, Krugersdorp. The property features two floors, each with four units, comprising eight well-sized bachelor rooms. Each room has its own kitchenette with built-in cupboards (BIC) and four spacious bathrooms. The yard is paved, making it easy to maintain, and the property is securely walled with an electric fence and gate for your tenants' peace of mind.
The block of flats is ideally located close to the BP garage, Tshepisong Primary School, and Raymond Mhlaba Secondary School. It offers easy access to taxis to Leratong Hospital and other amenities. All rooms are currently occupied, and the potential rental income is R12,000 per month (R1,500 per tenant per month). Additionally, the property features an open-plan design and a solar system (currently incomplete). Don't miss the chance to invest in this centrally located property with excellent earning potential.
* Two floors each floor has 4 units
* 8 bachelor rooms
* Open plan
* Solar system ( incomplete)
* Rental income R12 000)
* Centrally located
Property Reference #: 7002001-51207
Agent Details:
Vincent Ndlovu
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The block of flats is ideally located close to the BP garage, Tshepisong Primary School, and Raymond Mhlaba Secondary School. It offers easy access to taxis to Leratong Hospital and other amenities. All rooms are currently occupied, and the potential rental income is R12,000 per month (R1,500 per tenant per month). Additionally, the property features an open-plan design and a solar system (currently incomplete). Don't miss the chance to invest in this centrally located property with excellent earning potential.
* Two floors each floor has 4 units
* 8 bachelor rooms
* Open plan
* Solar system ( incomplete)
* Rental income R12 000)
* Centrally located
Property Reference #: 7002001-51207
Agent Details:
Vincent Ndlovu
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274170613
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Estimated monthly repaymentR 11,921
Total property loan amountR 1,100,000
Total interestR 1,760,987
Total repaymentR 2,860,987
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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