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Possibility of lucrative income potential
R 2,190,000
Can I afford this?23 Photo(s)
3 months ago79 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Size (sqm):1216
Parking:Garage
Description
Enter the world of investment or a property with potential business rights, strategically positioned in the older part of town.
Tailored for developers and forward-thinking investors, this property provides a canvas for reimagining its purpose to align with your investment goals.
The potential for obtaining business rights, such as for medical facilities or student accommodation is an alluring prospect.
Envision transforming this property into a premier student accommodation hub, featuring four expansive bedrooms, two inviting living spaces, two dedicated study areas and the adaptability to convert exterior storage rooms into additional student living quarters.
For investors eyeing a different path, this property seamlessly transforms into a welcoming family home.
Designed to blend comfort and functionality, it offers ample space for a growing family. Its proximity to town ensures easy access to amenities, while the inclusion of an office space enhances its appeal for those desiring a professional workspace within arm's reach of home.
The property furthermore offers dual entrances, ensuring convenient access and enhanced privacy. The property also boasts a borehole with a backup tank, ensuring a reliable water supply. Security is complete with surrounding walls, offering peace of mind. Additionally, the inclusion of pre-paid electricity adds convenience and promotes cost-effective living.
There’s limitless potential in this lucrative opportunity – a property that is poised to turn your vision into reality.
To arrange a viewing, contact me today.
* Note that while this property is currently zoned for residential use, prospective buyers considering alternative uses must seek prior approval from the local authority before proceeding with any non-residential
developments or modifications.
** We offer Pre-Approval as well as Bond Originating services to our Clients at no additional costs
# Parking: 1
Rates And Taxes: 1800
Property Reference #: 610
Agent Details:
Sunet Scheepers
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699
Tailored for developers and forward-thinking investors, this property provides a canvas for reimagining its purpose to align with your investment goals.
The potential for obtaining business rights, such as for medical facilities or student accommodation is an alluring prospect.
Envision transforming this property into a premier student accommodation hub, featuring four expansive bedrooms, two inviting living spaces, two dedicated study areas and the adaptability to convert exterior storage rooms into additional student living quarters.
For investors eyeing a different path, this property seamlessly transforms into a welcoming family home.
Designed to blend comfort and functionality, it offers ample space for a growing family. Its proximity to town ensures easy access to amenities, while the inclusion of an office space enhances its appeal for those desiring a professional workspace within arm's reach of home.
The property furthermore offers dual entrances, ensuring convenient access and enhanced privacy. The property also boasts a borehole with a backup tank, ensuring a reliable water supply. Security is complete with surrounding walls, offering peace of mind. Additionally, the inclusion of pre-paid electricity adds convenience and promotes cost-effective living.
There’s limitless potential in this lucrative opportunity – a property that is poised to turn your vision into reality.
To arrange a viewing, contact me today.
* Note that while this property is currently zoned for residential use, prospective buyers considering alternative uses must seek prior approval from the local authority before proceeding with any non-residential
developments or modifications.
** We offer Pre-Approval as well as Bond Originating services to our Clients at no additional costs
# Parking: 1
Rates And Taxes: 1800
Property Reference #: 610
Agent Details:
Sunet Scheepers
Simply Properties
7 Ismini Avenue, Bendor, Polokwane, 0699
Id Subtitle 1259735623
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Estimated monthly repaymentR 23,734
Total property loan amountR 2,190,000
Total interestR 3,505,965
Total repaymentR 5,695,965
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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Simply Properties
Selling for 7+ months
Total Ads163
Active Ads163
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