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GREAT INVESTMENT OPPORTUNITY!
R 2,750,000
Can I afford this?
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3 months ago71 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):2
Size (sqm):300
Parking:Covered
Description
Ideally situated on a busy road with a lot of exposure, this property is a great investment, opportunity with tenants in place.
ZONING RESIDENTIAL 4 WITH OFFICES
Stand size: 1541 sqm
Existing buildings:
- Main house with total square meters 243.51 sqm.
Eight medical support services rooms 179.57 sqm. The common area including the kitchen 63.94 sqm
- Separate Cottage single level offering open plan kitchen, dining area and lounge. Separate bedroom and bathroom (shower, basin and toilet) Total of 55.07 sqm
- Two wooden Wendy houses of 9 sqm
- Double Carport
- Parking for 15 to 20 cars
Excellent return on investment with a very good current gross income per month (including cleaning, wifi, gardener and two-thirds of utility bill.
DEVELOPMENT POTENTIAL:
1. Four duplex dwelling units, 0.7 F.A.R of which offices may not exceed 0.26
2. Offices not more than 400 square meters.
The offices may accommodate amongst other professional services, Physiotherapists, Occupational Therapists, Massage Therapists and Bio Kinetics, other related therapists and Medical Doctors.
WITHIN WALKING DISTANCE TO LINDEN HUB AND ALL THE SCHOOLS.
Property Reference #: RL18592
Agent Details:
Velika Peeva-Joseph
Firzt Realty (Pty) Ltd
44 Glenhove Road
Melrose Estate
Johannesburg
ZONING RESIDENTIAL 4 WITH OFFICES
Stand size: 1541 sqm
Existing buildings:
- Main house with total square meters 243.51 sqm.
Eight medical support services rooms 179.57 sqm. The common area including the kitchen 63.94 sqm
- Separate Cottage single level offering open plan kitchen, dining area and lounge. Separate bedroom and bathroom (shower, basin and toilet) Total of 55.07 sqm
- Two wooden Wendy houses of 9 sqm
- Double Carport
- Parking for 15 to 20 cars
Excellent return on investment with a very good current gross income per month (including cleaning, wifi, gardener and two-thirds of utility bill.
DEVELOPMENT POTENTIAL:
1. Four duplex dwelling units, 0.7 F.A.R of which offices may not exceed 0.26
2. Offices not more than 400 square meters.
The offices may accommodate amongst other professional services, Physiotherapists, Occupational Therapists, Massage Therapists and Bio Kinetics, other related therapists and Medical Doctors.
WITHIN WALKING DISTANCE TO LINDEN HUB AND ALL THE SCHOOLS.
Property Reference #: RL18592
Agent Details:
Velika Peeva-Joseph
Firzt Realty (Pty) Ltd
44 Glenhove Road
Melrose Estate
Johannesburg
Id Subtitle 1259438351
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Estimated monthly repaymentR 29,802
Total property loan amountR 2,750,000
Total interestR 4,402,467
Total repaymentR 7,152,467
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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Firzt Realty (Pty) Ltd
Selling for 2+ years
Total Ads1.14K
Active Ads1.14K
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