Investment Opportunity: Unique Fairways Property with Established Leases

R 2,300,000

Can I afford this?
2 months ago97 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):496
Parking:Secure Parking
Description
Welcome to an exceptional investment opportunity in the coveted Fairways area. This property is ingeniously designed as three separate rental units, ensuring a steady stream of income. Here's what this property offers:

Unit 1: A spacious 3-bedroom, 2-bathroom unit, perfect for families or professionals seeking ample space.Unit 2: A cozy 2-bedroom, 1-bathroom unit, ideal for small families or couples.Unit 3: A charming 1-bedroom, 1-bathroom unit, suitable for individuals or couples looking for a comfortable living space.

Each unit boasts a well-equipped kitchen and bedrooms featuring built-in cupboards (BICs) for added convenience. Additionally, each unit is equipped with prepaid electricity and water meters, along with its own geyser, ensuring efficient utility management.

The property provides parking space for up to four cars, accommodating residents and visitors alike.

For detailed information regarding current leases and rental income, as well as to schedule a viewing, please don't hesitate to contact us. Add this lucrative property to your investment portfolio and secure a reliable source of passive income.

Don't miss out on this outstanding investment opportunity. Contact us today to arrange a viewing and take the next step towards expanding your investment portfolio.

Property Reference #: 1243021

Agent Details:
Tracey Ah-Sing
Rawson Properties Constantia
Block A, 1st Floor, Cnr. Timour Hall Road & Gabriel Road, Plum Park, Unit 2, Cape Town, Plumstead
Cnr. Timour Hall Road & Gabriel Road
Plumstead, Western Cape

Id Subtitle 1268124701
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Estimated monthly repaymentR 24,926
Total property loan amountR 2,300,000
Total interestR 3,682,063
Total repaymentR 5,982,063
Interest rate at 11.75% for 20 years *
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Rawson Properties Constantia
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