8 Bedroom house in Parsonsvlei For Sale

R 1,750,000

Can I afford this?
11 days ago31 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):398
Description
?? Investment Opportunity in Parsonsvlei, Port Elizabeth ??

Discover this lucrative investment nestled in Parsonsvlei, Port Elizabeth! Situated on a spacious 398 sqm erf, this property boasts a newly constructed double-story house, designed for optimal income generation.

??? 8 Bedrooms
?? 3 Bathrooms
??? 3 Kitchens

The property is strategically designed and approved by the municipality, ensuring compliance and quality. Currently, a portion of the property is tenanted, generating a monthly income of 15k.

Ideal for investors seeking reliable rental income streams or homeowners looking for a spacious residence with income potential.

?? Features:

Newly built double-story house
Municipality-approved plans
Generating 15k/month income from current tenants
Private viewing available upon request
Don't miss out on this exceptional investment opportunity! Contact us today for more information or to schedule a private viewing.

Rates And Taxes: 800
Property Reference #: ENT0276859

Agent Details:
Shaun Scharneck
KW Explore PE
279 Cape Rd, Metropolitan Office Park, Block B, 1st Floor, Newton Park, Port Elizabeth, Eastern Ca

Id Subtitle 1277637646
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Estimated monthly repaymentR 18,965
Total property loan amountR 1,750,000
Total interestR 2,801,570
Total repaymentR 4,551,570
Interest rate at 11.75% for 20 years *
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KW Explore PE
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