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Investment/ Development property in Morningside
R 900,000
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1 year ago1614 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):78
Description
This 1 bedroom apartment is one of four units on this property. (2 stories)
They are all 78sqm +/- and consist of a bedroom, lounge, kitchen and bathroom. They each have their own private access to a secure parking for two vehicles.
The downstairs units both have a porch and garden area at their front door / next to their car port.
The upstairs units both have enclosed balcony's and a small garden on the ground floor next to their car ports.
There is either the option to purchase one unit as an investment or to purchase the entire building and develop. There has been a increase in demand for private student accommodation in the Morningside area.
Please give us a call if you have any questions.
Property Reference #: 254
Agent Details:
Tracey Thompson
THOMPSON'S REAL ESTATE
Central Musgrave, Durban
Durban
They are all 78sqm +/- and consist of a bedroom, lounge, kitchen and bathroom. They each have their own private access to a secure parking for two vehicles.
The downstairs units both have a porch and garden area at their front door / next to their car port.
The upstairs units both have enclosed balcony's and a small garden on the ground floor next to their car ports.
There is either the option to purchase one unit as an investment or to purchase the entire building and develop. There has been a increase in demand for private student accommodation in the Morningside area.
Please give us a call if you have any questions.
Property Reference #: 254
Agent Details:
Tracey Thompson
THOMPSON'S REAL ESTATE
Central Musgrave, Durban
Durban
Id Subtitle 1114046168
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Estimated monthly repaymentR 9,754
Total property loan amountR 900,000
Total interestR 1,440,808
Total repaymentR 2,340,808
Interest rate at 11.75% for 20 years *
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THOMPSON'S REAL ESTATE
Selling for 5+ years
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