4 Bedroom house in Rietfontein For Sale

R 990,000

Can I afford this?
5 months ago347 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Size (sqm):1270
Description
Investment Opportunity in Rietfontein, Pretoria - No Load Shedding and Guaranteed Rental Income!
Discover a unique investment gem in the heart of Rietfontein, Pretoria, where the promise of uninterrupted living meets a guaranteed stream of rental income. This property presents an exceptional opportunity for savvy investors looking to capitalize on the housing market.
The main house has been strategically subdivided into four individual units, each comprising a bedroom, a small kitchen, and a private bathroom. This clever layout not only maximizes space but also ensures a steady flow of rental income. Perfect for accommodating tenants seeking affordable, self-contained living spaces.
In addition to the subdivided rooms, a separate apartment has been constructed to cater to the needs of another family. This additional dwelling adds versatility to the property, expanding its potential for generating rental returns.
While the house requires renovations to unleash its full potential, the investment proposition is too compelling to overlook. With a bit of vision and effort, this property could be transformed into a lucrative asset, securing long-term rental income in a location where load shedding is not a concern.
The strategic location of Rietfontein adds to the allure of this investment, providing easy access to amenities, schools, and public transport, enhancing its appeal for potential tenants.
Don't miss out on this investment opportunity that combines guaranteed rental income with the potential for significant returns. Yes, it needs some TLC, but with the right touch, this property could become a lucrative addition to your portfolio. Act now and schedule a viewing to explore the untapped potential of this Rietfontein investment.


Rates And Taxes: 800
Property Reference #: ENT0264881

Agent Details:
Retha Brelage
KW Pr1me
64 Glenwood Road, Lynnwood Glen, Pretoria, Gauteng, 0081

Id Subtitle 1250834203
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 10,729
Total property loan amountR 990,000
Total interestR 1,584,888
Total repaymentR 2,574,888
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.
RECALCULATE
KW Pr1me
Selling for 1 year
Total Ads1.02K
Active Ads1.02K
Professional Seller
Seller stats
1.02KTotal Ads
951.59KTotal Views
Contact KW Pr1me
082*******Show Number
Message
(4007)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.