Massive House for Sale in Farningham Ridge

R 2,600,000

Can I afford this?
1 year ago766 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):2
Size (sqm):2639
Parking:Garage
Description
A massive house for sale with a lot of potential for Property Investors.
The house boasts 6 bedrooms all with BICs.A fitted kitchen with granite, a scullery, laundry, pantry, a breakfast nook and a storeroom. Dinning room and 2 Lounges with the beautiful view facing a crystal clear pool and the garden.

It is located in a very beautiful neighborhood close to Benjamin Primary School. An easy access to all major Highways.
The house can be converted into 3 houses in one. It has the main house with 3bedrooms and attached to it could be 2 granny flats which can be used to generate extra income.
It also has a 1.5 bedroom house with its own kitchenette,Lounge and a family bathroom with its own entrance.It is currently leased at R6000.00 per month.

When converted and rented out the Property can make +/_R26000 00 a month .

The Property has a lot potential, come view today make an offer and enjoy the benefits!!

# Parking: 1
Rates And Taxes: 2040
Property Reference #: 1367

Agent Details:
Mbali Sibisi
Idwala Property Group
162 Wood Road, Montclair, Durban, 4004
Durban

Id Subtitle 1164837164
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Estimated monthly repaymentR 28,177
Total property loan amountR 2,600,000
Total interestR 4,162,333
Total repaymentR 6,762,333
Interest rate at 11.75% for 20 years *
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Idwala Property Group
Selling for 7+ years
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