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2 Bedroom house in Weltevreden Valley For Sale
R 950,000
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1 month ago44 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):558
Description
Exclusive Sole Mandate
Rental potential at its best, A rare find NOT to be MISSED.
This inviting two dwelling property receives you with a warm and friendly embrace.
Its cosy setting, character, convenience, and charm will captivate your heart and soon be called HOME.
The main house offers 2 spacious bedrooms, family bathroom, modern spacious kitchen, airy open plan dining room and well-sized lounge area.
This property has 4 rental units, providing an excellent opportunity for a savvy investor to generate passive income. Each tenant is provided with pre-paid electricity meters.
Each flatlet generates an additional rental income of R1800 per month (currently 3 occupied flats)
With a total rental income of R5400 per month, and a possible rental income of R7200 (excluding main house), this good amount will help you pay your bond!
Added bonuses on this property: Aluminium windows, CCTV camera and borehole.
This property is seated on 558 square meters. There is enough parking in the yard to accommodate about 8 cars. The house comes with approved plans for the 4 rental units.
With its excellent location and steady income stream, this property is a must-see for any investor looking for a great opportunity.
Perfectly positioned and priced to sell.
We assist with bond applications.
Call to arrange your private viewing now!
Rates And Taxes: 796
Property Reference #: ENT0259990
Agent Details:
Tamia Vena
KW Explore Atlantic
55 Somerset Road, Somerset Square Unit c5,DeWaterkant,Greenpoint 8005, Green Point, Cape Town, Wes
Rental potential at its best, A rare find NOT to be MISSED.
This inviting two dwelling property receives you with a warm and friendly embrace.
Its cosy setting, character, convenience, and charm will captivate your heart and soon be called HOME.
The main house offers 2 spacious bedrooms, family bathroom, modern spacious kitchen, airy open plan dining room and well-sized lounge area.
This property has 4 rental units, providing an excellent opportunity for a savvy investor to generate passive income. Each tenant is provided with pre-paid electricity meters.
Each flatlet generates an additional rental income of R1800 per month (currently 3 occupied flats)
With a total rental income of R5400 per month, and a possible rental income of R7200 (excluding main house), this good amount will help you pay your bond!
Added bonuses on this property: Aluminium windows, CCTV camera and borehole.
This property is seated on 558 square meters. There is enough parking in the yard to accommodate about 8 cars. The house comes with approved plans for the 4 rental units.
With its excellent location and steady income stream, this property is a must-see for any investor looking for a great opportunity.
Perfectly positioned and priced to sell.
We assist with bond applications.
Call to arrange your private viewing now!
Rates And Taxes: 796
Property Reference #: ENT0259990
Agent Details:
Tamia Vena
KW Explore Atlantic
55 Somerset Road, Somerset Square Unit c5,DeWaterkant,Greenpoint 8005, Green Point, Cape Town, Wes
Id Subtitle 1277454643
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No. of years
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Estimated monthly repaymentR 10,296
Total property loan amountR 950,000
Total interestR 1,520,853
Total repaymentR 2,470,853
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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KW Explore Atlantic
Selling for 2+ years
Total Ads290
Active Ads290
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