A GREAT INVESTMENT

R 3,250,000

Can I afford this?
7 months ago204 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
This is a great investment not to be missed, this property offers a unique investment opportunity with 3 bachelor apartments , One 2 Bedroom with apartment and a 3-bedroom house with 3 huge bedroom with en suite all the bedrooms are upstairs  and kitchen and lounge downstairs bringing an estimated rental income of between R40K per month.
Its spacious layout offers a variety of units, catering to different preferences and needs of potential tenants. Each unit is designed to provide comfortable living spaces, featuring a bedroom area, a separate bathroom, and a compact kitchenette. The loft studios boast an additional floor, creating a separate sleeping or living area. The 3-bedroom main house offers a more spacious layout, perfect for families or individuals requiring more living space. All the units have recently been renovated, with new kitchens and cabinetry.
The property also offers ample parking space, with undercover parking for 12 cars, ensuring convenience for tenants and their guests. Additionally, it features well-maintained communal areas, including a garden or outdoor space for relaxation and enjoyment.
This property is on a very big land which lives a buyer to add so many units or able to put some facilities on the property, like swimming, club house, soccer pitch or a gym and so much more. The property gives a buyer to use his or her imaginations without limitations.
The property also has a borehole it uses both borehole water and municipality water.
Mall of Africa is about 7mins Drive from the property.
Eduvos University is about 5mins Drive from the property

Has Pool
Property Reference #: 7002001-39850

Agent Details:
Andrea Chimwanda
EXP Realty
South Africa

Id Subtitle 1238489271
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Estimated monthly repaymentR 35,221
Total property loan amountR 3,250,000
Total interestR 5,202,916
Total repaymentR 8,452,916
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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