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Income Producing Investment Opportunity
R 1,399,999
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13 days ago73 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):2
Size (sqm):232
Description
Income Producing Investment Opportunity (18k-20k potential rental p/m ) . Offers are welcomed !!
Located on Weltevreden Drive , perfect location for a business spot due constant traffic and exposure
This property consists of 5 Rentable Units, currently being utilised as :
1. Cafe ( Shop)
2. Pet Shop
3. Barber
4. Second Hand Items Shop
5. Prayer Room
There is also a shade port outside to rent out to a car wash as the current owner is doing .There are 2 separate Electricity boxes .
The potential rental of all 5 units could amount to R18 000- R20 000 monthly income .
Please contact me for further information
Property Reference #: 1252331
Agent Details:
Michael Meyer
Rawson Properties Constantia
Block A, 1st Floor, Cnr. Timour Hall Road & Gabriel Road, Plum Park, Unit 2, Cape Town, Plumstead
Cnr. Timour Hall Road & Gabriel Road
Plumstead, Western Cape
Located on Weltevreden Drive , perfect location for a business spot due constant traffic and exposure
This property consists of 5 Rentable Units, currently being utilised as :
1. Cafe ( Shop)
2. Pet Shop
3. Barber
4. Second Hand Items Shop
5. Prayer Room
There is also a shade port outside to rent out to a car wash as the current owner is doing .There are 2 separate Electricity boxes .
The potential rental of all 5 units could amount to R18 000- R20 000 monthly income .
Please contact me for further information
Property Reference #: 1252331
Agent Details:
Michael Meyer
Rawson Properties Constantia
Block A, 1st Floor, Cnr. Timour Hall Road & Gabriel Road, Plum Park, Unit 2, Cape Town, Plumstead
Cnr. Timour Hall Road & Gabriel Road
Plumstead, Western Cape
Id Subtitle 1278703048
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Estimated monthly repaymentR 15,172
Total property loan amountR 1,399,999
Total interestR 2,241,255
Total repaymentR 3,641,254
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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Rawson Properties Constantia
Selling for 3+ years
Total Ads49
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