PROPERTY WITH PROVEN RENTAL INCOME GENERATING POTENTIAL

R 1,695,000

Can I afford this?
1 year ago674 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2552
Parking:Garage
Description
Property Address:
Daleside, Randvaal
MARITZA MASSYN PROPERTIES is delighted to bring to you this unique property offering you an opportunity for financial saving, a single rates bill and the reduction in your bond burden by taking over the current paying tenants. The rental income on the 4 units is R11 940 p/m. Water & Electricity is R2 400 p/m.
Inhabitants are also enjoying a very good measure of privacy as units are spacious, neatly separated with walls and own yards. In the current economy, whether you want to curb the rising cost of living or simply create a new income stream, this property choice makes a lot of sense.


- 2552m²
- Four (4) very spacious and presentable units
- R11 940 + Monthly total rental income
- Close to R59, school and shops

# Parking: 4
Property Reference #: 3390

Agent Details:
Rick Pretorius
Maritza Massyn Properties
Shop 1 A Golfpark Shopping Centre | Golfpark | Meyerton |1961
Randvaal

Id Subtitle 1129543315
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Estimated monthly repaymentR 18,369
Total property loan amountR 1,695,000
Total interestR 2,713,521
Total repaymentR 4,408,521
Interest rate at 11.75% for 20 years *
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Maritza Massyn Properties
Selling for 7+ years
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