Investment opportuniy with potential to expand and generate income

R 2,999,000

Can I afford this?
9 months ago909 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Description
Home with character and history with potential for expansion and income generating .
A well kept and easy to maintain garden leads you to a patio. The inviting stained glass main door was created by the owners .
Spacious 20m x 12.5m Victorian home built approximately 1910, with beautiful stained glass front door/sidelights and various beautiful stained glass panels elsewhere.
Wooden floors in perfect condition throughout, sanded and sealed.
Corrugated Iron Roof â?? half has been replaced and the remaining section in the process of being replaced
Front verandah and steps with original Victorian Tiles..
3 bedrooms in the front of the house are comfortably sized with another room currently used as an office/study â?? which could be used a bedroom.
Main ensuite and a family bathroom bathroom both with showers.
Large lounge area 4,1 x 6,3m with a sunroom area -currently used as an office
Large Dining area â?? 5.0 x 4.5m
Kitchen â?? 4.3 x 3m with an extra room 4 x 3m off it which could be used as a breakfast room.
External additional room â?? used as a student bedroom with own bathroom
Outbuidling with 2 x large room with an area which is used as a lucrative family business can be converted into a garden flat

Take a break in the courtyard , with original Victorian tiles , a tranquil retreat with greenery a home to many wild birds, a braai area and a soaking pool.

Adequate parking for 4 vehicles, with entrance at the rear of the property.
The residence is alarmed with 24hr Response with Blue Security including external beams and cameras and electric fencing surrounding the property

Walking distance to Woolworths, DAVENPORT Shopping Centre, Doctors Rooms, Schools and Pre-schools


The home business is for sale for 4 million.

Retail Supply/ Printing Business @ R4,000,000 â?? DD KITS and STATIONERY CC

The customer base for educational kits and inks will be passed on and training provided .

Property Reference #: 4256

Agent Details:
Rookaya Vawda
Miacasa Properties
292 West Road, Corner West and Crescent Street, Overport
Durban

Id Subtitle 1222219840
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Estimated monthly repaymentR 32,501
Total property loan amountR 2,999,000
Total interestR 4,801,090
Total repaymentR 7,800,090
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Miacasa Properties
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