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INVESTORS DREAM. THREE 2 BEDROOM UNITS GENERATING LARGE INCOME
R 1,499,999
Can I afford this?
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12 days ago51 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):250
Parking:None
Description
This corner property in the highly desirable Sunford area is a true investor's dream. With three units generating a current income of R15000, it offers an excellent opportunity for those looking to add to their investment portfolio. The convenience of prepaid utilities is a significant advantage for both the landlord and tenants, ensuring hassle-free billing and payment processes.
One of the standout features of this property is the thoughtfully allocated parking spaces for each tenant, enhancing convenience and minimizing parking-related disputes. Additionally, there are designated drying areas, ensuring that each tenant can comfortably and discreetly attend to their laundry needs.
Nestled in a quiet and tranquil neighborhood, this property provides a peaceful living environment for tenants. This serene setting can contribute to tenant satisfaction and long-term lease agreements.
Furthermore, the current owner has taken care of all the necessary conveniences, which means that the new owner can step into the role with ease. This includes any required maintenance and repairs, ensuring that the property is in top condition.
In summary, this corner property in Sunford offers a rare opportunity for investors with its three units generating a substantial income. The inclusion of prepaid utilities, individual parking spaces, and designated drying areas adds to its appeal. Coupled with the peaceful neighborhood and the current owner's efforts in maintaining the property, this investment promises both financial returns and a hassle-free ownership experience.
Property Reference #: 7002001-40515
Agent Details:
Zaheera Ally
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
One of the standout features of this property is the thoughtfully allocated parking spaces for each tenant, enhancing convenience and minimizing parking-related disputes. Additionally, there are designated drying areas, ensuring that each tenant can comfortably and discreetly attend to their laundry needs.
Nestled in a quiet and tranquil neighborhood, this property provides a peaceful living environment for tenants. This serene setting can contribute to tenant satisfaction and long-term lease agreements.
Furthermore, the current owner has taken care of all the necessary conveniences, which means that the new owner can step into the role with ease. This includes any required maintenance and repairs, ensuring that the property is in top condition.
In summary, this corner property in Sunford offers a rare opportunity for investors with its three units generating a substantial income. The inclusion of prepaid utilities, individual parking spaces, and designated drying areas adds to its appeal. Coupled with the peaceful neighborhood and the current owner's efforts in maintaining the property, this investment promises both financial returns and a hassle-free ownership experience.
Property Reference #: 7002001-40515
Agent Details:
Zaheera Ally
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274215591
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,499,999
Total interestR 2,401,344
Total repaymentR 3,901,343
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
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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