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6 Bedroom house in Westdene For Sale
R 1,150,000
Can I afford this?
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26 days ago45 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):496
Description
Calling all serious Investors to be the proud new owners of an extremely neat property, with the added bonus of an already existing income.
Let your money work for you!!
Currently occupied with tenants as student accommodation. Wits and UJ.
The property offer utilities for your tenants convenience, assuring comfortable accommodation and caters to their daily amenities and needs.
The property consists of 6 Bedrooms, 2 full bathrooms...(His and Hers) both with 2 showers per bathroom. Large modern kitchen with separate scullery. Offering 2 of each, 2 Top loader washing machines, 2 fridge freezers, 2 fitted oven and stoves and a microwave.
The tenanted income:
The 4 Single spacious bedrooms are rented out at R2500 per room and the 2 double bedrooms at R4000 per room share.
Extra potential that THIS property has to offer at a minimal cost;
The extremely spacious Communal lounge has the potential to be rerouted into an extra single bedroom with separate entrance at R2500...And would still offer ample lounging space for the students to relax. ++++ ( 1 of the 4 single rooms can be extended by removing a dry wall and cater for an extra student at 2000 room share. If so desired! This will ensure you an even greater income of an extra R4500 pm.
The property has pre-paid Electricity. The landlord subsidize R2000pm for electricity and should they run out, all tenants pitch in and buy their own electricity, should the meter run out.
There is a caretaker quarters outbuilding with a shower and toilet. The live in caretaker assists with upkeeping the property and queries for the landlord.
A carport for 3 vehicles and ample parking space for more vehicles and safe of street visitors parking.
Beds, study desks and chairs are included in the selling price. The appliances can be bought at a very very reasonable price and would be a separate sale.
A brilliant buy, all rooms couldn't be photographed as as all tenants weren't available on date of access. contact me anytime for a viewing appointment.
Property Reference #: ENT0277705
Agent Details:
Lisa Steyn
KW Select
262 Office 102B - First House, 262 Main Avenue , Ferndale, Randburg, Gauteng, 2194
Let your money work for you!!
Currently occupied with tenants as student accommodation. Wits and UJ.
The property offer utilities for your tenants convenience, assuring comfortable accommodation and caters to their daily amenities and needs.
The property consists of 6 Bedrooms, 2 full bathrooms...(His and Hers) both with 2 showers per bathroom. Large modern kitchen with separate scullery. Offering 2 of each, 2 Top loader washing machines, 2 fridge freezers, 2 fitted oven and stoves and a microwave.
The tenanted income:
The 4 Single spacious bedrooms are rented out at R2500 per room and the 2 double bedrooms at R4000 per room share.
Extra potential that THIS property has to offer at a minimal cost;
The extremely spacious Communal lounge has the potential to be rerouted into an extra single bedroom with separate entrance at R2500...And would still offer ample lounging space for the students to relax. ++++ ( 1 of the 4 single rooms can be extended by removing a dry wall and cater for an extra student at 2000 room share. If so desired! This will ensure you an even greater income of an extra R4500 pm.
The property has pre-paid Electricity. The landlord subsidize R2000pm for electricity and should they run out, all tenants pitch in and buy their own electricity, should the meter run out.
There is a caretaker quarters outbuilding with a shower and toilet. The live in caretaker assists with upkeeping the property and queries for the landlord.
A carport for 3 vehicles and ample parking space for more vehicles and safe of street visitors parking.
Beds, study desks and chairs are included in the selling price. The appliances can be bought at a very very reasonable price and would be a separate sale.
A brilliant buy, all rooms couldn't be photographed as as all tenants weren't available on date of access. contact me anytime for a viewing appointment.
Property Reference #: ENT0277705
Agent Details:
Lisa Steyn
KW Select
262 Office 102B - First House, 262 Main Avenue , Ferndale, Randburg, Gauteng, 2194
Id Subtitle 1279616748
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Estimated monthly repaymentR 12,463
Total property loan amountR 1,150,000
Total interestR 1,841,032
Total repaymentR 2,991,032
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 Select
Selling for 1 year
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