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Investment - Commune with a rental income !!
R 1,599,000
Can I afford this?25 Photo(s)
3 months ago82 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):2
Size (sqm):736
Parking:Secure Parking
Description
This spacious property generates a substantial rental income of around R25,000 per month, and it comes with existing lease agreements.
The main living area is generously sized, serving as a combined lounge and dining room, which can easily be converted into additional bedrooms if needed. There's also a closed-off patio for added space.
The property boasts two bathrooms with full built-in cupboards and tiles, and the large kitchen is designed to cater to the needs of all tenants, complete with a hob unit and under-counter space.
Both electricity and water are prepaid for convenience. Additionally, there's a sizable flat with its own full bathroom and a separate prepaid electricity meter—a perfect setup for those who prefer independent living.
Security is a top priority, and the property is well-protected. Residents can enjoy a refreshing swim in the pool, and there are five carports available.
An external room adds to the rental income opportunities. The property is fully enclosed with a automated gate for added security.
Conveniently located within walking distance to schools, the Gautrain station, and shopping centers, this property is also close to a university. Loftus, a popular venue, is right at your doorstep.
Property Reference #: 1234956
Agent Details:
Vanessa Steyn
Rawson Properties Faerie Glen / Waterkloof
Cnr Atterbury road and Manitoba street, Faerieglen, Shop LL04 Atterbury Boulevard, Pretoria, Faeri
Olympus and Solomon Mahlangu Drive
Faerie Glen, Gauteng
The main living area is generously sized, serving as a combined lounge and dining room, which can easily be converted into additional bedrooms if needed. There's also a closed-off patio for added space.
The property boasts two bathrooms with full built-in cupboards and tiles, and the large kitchen is designed to cater to the needs of all tenants, complete with a hob unit and under-counter space.
Both electricity and water are prepaid for convenience. Additionally, there's a sizable flat with its own full bathroom and a separate prepaid electricity meter—a perfect setup for those who prefer independent living.
Security is a top priority, and the property is well-protected. Residents can enjoy a refreshing swim in the pool, and there are five carports available.
An external room adds to the rental income opportunities. The property is fully enclosed with a automated gate for added security.
Conveniently located within walking distance to schools, the Gautrain station, and shopping centers, this property is also close to a university. Loftus, a popular venue, is right at your doorstep.
Property Reference #: 1234956
Agent Details:
Vanessa Steyn
Rawson Properties Faerie Glen / Waterkloof
Cnr Atterbury road and Manitoba street, Faerieglen, Shop LL04 Atterbury Boulevard, Pretoria, Faeri
Olympus and Solomon Mahlangu Drive
Faerie Glen, Gauteng
Id Subtitle 1258151246
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Estimated monthly repaymentR 17,329
Total property loan amountR 1,599,000
Total interestR 2,559,835
Total repaymentR 4,158,835
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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Rawson Properties Faerie Glen / Waterkloof
Selling for 3+ years
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