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Mixed Use House in Augusta Road, with business rights
R 1,295,000
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2 years ago1202 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):350
Parking:None
Description
Calling all investors, great opportunity to live in the home and generate an income at the same time.
Main house consists of 3 bedrooms, Lounge, Kitchen and bathroom.
Outside are 2x2 bedroom cottages with lounge, toilet and kitchen, 1x 1 bedroom cottage with toilet kitchen and lounge
Upstairs is a room of 32 sq with a bathroom and basin, could be utilized as an office or room. Downstairs is a shop.
Property is currently generating R18000, with new leases currently being negotiated until Dec 2022. Potential to generate additional income as house not fully let.
Property Reference #: RL6362
Agent Details:
Debbie Hough
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
Main house consists of 3 bedrooms, Lounge, Kitchen and bathroom.
Outside are 2x2 bedroom cottages with lounge, toilet and kitchen, 1x 1 bedroom cottage with toilet kitchen and lounge
Upstairs is a room of 32 sq with a bathroom and basin, could be utilized as an office or room. Downstairs is a shop.
Property is currently generating R18000, with new leases currently being negotiated until Dec 2022. Potential to generate additional income as house not fully let.
Property Reference #: RL6362
Agent Details:
Debbie Hough
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
Id Subtitle 1046979896
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Estimated monthly repaymentR 14,035
Total property loan amountR 1,295,000
Total interestR 2,073,162
Total repaymentR 3,368,162
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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Allegiance Properties
Selling for 2+ years
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