Investment Opportunity: Double Income in Desirable Churchill Estate!

R 2,299,000

Can I afford this?
13 days ago27 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):180
Parking:Garage
Description
Calling savvy investors!This unique property offers an exceptional opportunity to own two income-generating houses on the same plot in the highly sought-after Churchill Estate.
Main House (3 bedrooms):Spacious open-plan living:Lounge, dining area, and kitchen seamlessly flow together, creating a perfect space for entertaining or family gatherings.Comfortable bedrooms:Three fair-sized bedrooms provide ample space for tenants, ensuring a comfortable living experience.Convenience:Two bathrooms cater to tenant needs, while the two secure parking bays offer additional peace of mind.Currently tenanted:Enjoy immediate rental income with existing tenants in place(new tenants placed now).
Second House (2 bedrooms):Cozy and efficient:Open-plan living area with kitchen optimizes space and creates a warm atmosphere.Private sanctuary:Two bedrooms offer comfortable sleeping quarters for tenants.Other extras:Garage, carport, secure parking for 3 cars and a small backyard provide additional amenities for tenants.Flexible income options:Rent out as a separate unit with rental income of R8600.
Ideal Investment:Dual income potential:Maximize your return on investment with two rental units on one property.Established location:Churchill Estate offers a secure and desirable living environment, attracting quality tenants.Minimum maintenance:Both houses are well-maintained, minimizing upkeep costs.Attractive property:The spacious layout and modern features make these houses highly desirable for potential tenants.
Don't miss this chance to own a piece of prime real estate in Churchill Estate! Contact us today for more information and a viewing.

Property Reference #: 7002001-49441

Agent Details:
Cathy Hoogenhout
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274177455
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Estimated monthly repaymentR 24,915
Total property loan amountR 2,299,000
Total interestR 3,680,463
Total repaymentR 5,979,463
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
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