Exceptional Property with Rental Income In Laingsburg

R 2,840,000

Can I afford this?
6 months ago324 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):316
Parking:Covered
Description
Nestled in the serene Zwartberg Street of Laingsburg, this property presents an exceptional investment opportunity.
Boasting 4 bedrooms, 1 study, 3 bathrooms, and a host of additional features, this home is perfect for those seeking a spacious and versatile living space. In addition to the main house, the property features three separate flatlets, offering potential rental income.

Main House:
4 bedrooms, each equipped with individual air conditioners.
1 study
3 bathrooms:
1 single toilet
1 full bathroom
En-suite shower with a toilet and basin in main bedroom.
Cozy indoor braai area, perfect for entertaining guests.
Well-equipped kitchen with an oven and gas stove.
Scullery featuring two connection points for a washing machine and dishwasher.

Flatlets:
Single Flatlets (2):
Bedrooms equipped an air conditioner.
Each flatlet includes a gas hob and lounge area.
Bathroom with a shower, toilet, and basin.
Private little courtyard for outdoor relaxation.

Double Room Flatlet (1):
Bedrooms equipped an air conditioner.
Kitchen equipped with an oven and gas stove.
Spacious lounge area for comfortable living.
Private courtyard offering a tranquil retreat.
Bathroom with a shower, toilet, and basin

Additional Features:
Ample parking space for 6 cars, ensuring convenience for residents and guests.
Rainwater tank and installations, promoting sustainable living.

Current Rental Income:
Single Flatlets: R 7,500.00 x 2 = R 15,000.00
Double Room Flatlet: R 8,500.00
Main House: R 24,000.00

This property not only offers a comfortable and stylish living space but also presents an enticing opportunity for rental income. Whether you're a discerning homeowner or an astute investor, this residence in Zwartberg Street promises a harmonious blend of comfort and financial potential.
Don't miss the chance to make this remarkable property your own.
Schedule a viewing today and envision a future of comfort and prosperity in the heart of Laingsburg

Property Reference #: RL4836

Agent Details:
Niel Jordaan
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth

Id Subtitle 1243992950
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Estimated monthly repaymentR 30,778
Total property loan amountR 2,840,000
Total interestR 4,546,548
Total repaymentR 7,386,548
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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Home and Hectare
Selling for 3+ years
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