10 Bedroom Home in Herrwood Park.

R 7,400,000

Can I afford this?
1 year ago1431 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):800
Parking:Garage
Description
What a great investment opportunity!

TYSON PROPERTIES UMHLANGA is proud to present this 10 Bedroom home, consisting of a main house and THREE separate flatlets attached to the main house.

The main house has a very spacious kitchen and scullery, with a dining room, 2 lounges ( a formal and a TV lounge) as well as an indoor/outdoor patio as well as a large balcony.

Inside the main house there are 3 Bedrooms and 3 bathrooms, all spacious with built-in cupboards. This property could be a great investment with a great flow. The 3 flatlets are private and spacious, and sufficient parking for each potential resident. The main house has 4 garages as well as a carport.

In addition, the house has so much to offer in the form of a large, inviting swimming pool, a stunning undercover patio -an entertainer's dream , staff accommodation and security with the added convenience of an automated front gate.

This home could very well be converted back to the original home to create a very big home for an extended family.

The 3 Flatlets are configured as the following:
The back flatlet comprises of 2 Bedrooms and 1 bathroom and brings a rental of approximately R10 000 + per month.

The lower level flat is a 2 bedroom flat with a spacious kitchen, private garden and open-plan living. This flat brings in about R10 000 + per month as-well.

There is an upstairs flat which is also spacious and comprises of 3 Bedrooms and 3 bathrooms, open-plan living area and this brings in about R12 000+ per month.


The combined rental of the whole property brings in about R50 000 per month.

Endless opportunities, so Let's Talk!

Has Pool
Property Reference #: RL75749

Agent Details:
Lanice de Rosnay
Tyson Properties
Shop 9A Chartwell Centre
15 Chartwell Drive
Umhlanga

Id Subtitle 1097056986
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Estimated monthly repaymentR 80,195
Total property loan amountR 7,400,000
Total interestR 11,846,638
Total repaymentR 19,246,638
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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Tyson Properties
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