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Good return on investment
R 9,400,000
Can I afford this?
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1 month ago85 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):6692
Parking:Garage
Description
This is the ideal property for an Investor or Developer. The stand is 6692m² and currently has 20 neat, well-maintained units. All the kitchens and bathrooms have tasteful modern finishes. These consist of a spacious 4-bedroom house, separate from the rest. The 4 x 3-bedroom, 7 x 2-bedroom, 5 x 1 bedroom, and 3 bachelor units are in two blocks with undercover parking for each unit plus extra parking spaces.
The entrance to the property is by an automated gate, and the well-maintained gardens with large trees add to the feeling of peace and tranquillity. Safe to spend time in the gardens. There is more than enough space on the stand to expand and build more units. This is an investment with an excellent return.
# Parking: 7
Property Reference #: 514
Agent Details:
Anton Strydom
Deo Volente Properties
50 Kerkstreet, Corner of Viljoenstreet and Kerkstreet, Lydenburg, Mpumalanga
Lydenburg
The entrance to the property is by an automated gate, and the well-maintained gardens with large trees add to the feeling of peace and tranquillity. Safe to spend time in the gardens. There is more than enough space on the stand to expand and build more units. This is an investment with an excellent return.
# Parking: 7
Property Reference #: 514
Agent Details:
Anton Strydom
Deo Volente Properties
50 Kerkstreet, Corner of Viljoenstreet and Kerkstreet, Lydenburg, Mpumalanga
Lydenburg
Id Subtitle 1267641991
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Estimated monthly repaymentR 101,869
Total property loan amountR 9,400,000
Total interestR 15,048,432
Total repaymentR 24,448,432
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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Deo Volente Properties
Selling for 7+ years
Total Ads22
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