House for sale in Fairways, Cape Town

R 2,599,000

Can I afford this?
9 months ago458 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):496
Description
SOLE MANDATE: Fully tenanted property, come look at this fantastic investment!! Unique income generating house with 3 x rented units on one plot. Main house is beautifully modernized and offers 3 bedrooms, 2baths, lounge/dining area, kitchen and secure parking with rental income of R10,000p.m. Two bedroom apartment is at the back of the house with lounge/kitchen/dining area open plan, bathroom and secure parking with rental income of R7,000p.m. One bedroom apartment offering kitchen/lounge open plan, bathroom and secure parking bay with rental income of R5000p.m. Total rental income for all three units is R22,000pm with prepaid electricity and prepaid water for each unit.
The property is well located, this property offers easy access to all amenities such as shopping centres, schools and places of worship. The property is fully enclosed with ample secure parking bays. If you snooze, you'll loose on this great investment. Call Cathy for your exclusive viewing today!

Rates And Taxes: 500
Property Reference #: 7002001-34580

Agent Details:
Cathy Hoogenhout
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1226124469
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No. of years
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Estimated monthly repaymentR 28,166
Total property loan amountR 2,599,000
Total interestR 4,160,732
Total repaymentR 6,759,732
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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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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