10 FULLY DEVELOPED UNITS WITH TENANTS IN A DEVELOPING COMPLEX OF 28x HOUSING UNITS ON 2.2ha IN V...

R 2,500,000

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General Details
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):20000
Parking:Garage
Video
Description
MASSIVE BARGAIN!!!!
X---PRICED TO GO ---X
-BRILLIANT INVESTMENT OPPORTUNITY-

--->THIS PROPERTY COULD PAY FOR DEVELOPING ITSELF AND WILL LOOK AFTER YOU IN YOUR SENIOR YEARS WITH A STEADFAST INCOME PRODUCTION<---

[10x] FULLY DEVELOPED RESIDENTIAL UNITS WITH TENANTS IN HOUSING COMPLEX OF [28x] UNIT DEVELOPMENT PLAN.

BUY This Bargain While Its Still Available. You Will Never Find [10x] Fully Developed Houses With Tenants For This Good Price Again -- Only [18x] Units Still To Be Developed And You Have A Stedfast Income Generating Complex Of Houses That Will Guarantee You Self Generated Income For The Rest Of Your Life. Invest In This Opportunity And Have The Exiting Rental Income Build And Develop The Rest Of The Units. The Property Has Business And Development Rights And Is Sectionally Titled.



The [10x] Units Is As Follow:
(5x) Bedroom Main House + (9x) - 3,2,1 Bedroom and 2x Bachelor Units
-Consistently Generating Monthly Rental Income:

Main Residence:
#(7x) Entrances
#(5x) Bedrooms With Built-In-Closets
#(3x) Bathrooms(2x)(Shower)&(1x)(Bath)
#Lounge
#Dining Room
#Kitchen
#Study
#Laundry Room
#(3x) Lock-Up Garages
#Carport
#(3x) Storage Rooms
#Patio With Braai
#Paving
#Garden
#Bachelor Unit With Own Entrance(needs some TLC)


Unit #1:
#(2x) Bedrooms
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Own Yard & Access Gate


Unit #2:
#(2x) Bedrooms With Built-In-Closets
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Own Yard & Access Gate
#Carport


Unit #3:
#(1x) Bedroom
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Big Private Yard & Access Gate.


Unit #4:
#(1x) Bedroom
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Carport
#Patio
#2x Lock-Up Garages
#Own Yard & Access Gate.


Unit #5:
-Bachelor-
#(1x) Bedroom
#Bathroom
#Gas Geyser
#Open-Plan Kitchen/Lounge
#(1x) Lock-up Garage


Unit #6:
#(2x) Bedrooms With Built-In-Closets
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Own Yard


Unit #7:
#(3x) Bedrooms With Carpet Flooring & Built-In-Closets
#Main Bedroom Has Sunroom
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Built-In-Braai
#Patio
#Carport
#Own Big Yard & Access Gate


Unit #8:
#(2x) Bedrooms With Built-In-Closets & Carpet Flooring
#Bathroom
#Electric Geyser
#Kitchen
#Lounge
#Lock-up Garage
#Built-In-Braai
#Patio
#Own Yard & Access Gate


Unit #9:
#(2x) Bedrooms With Built-In-Closet & Carpet Flooring
#Bathroom
#Gas Geyser
#Kitchen
#Lounge
#Own Yard With Access Gate.


-(4x) JOJO TANKS
-(3x) BOREHOLES
#INCLUDED AS A BONUS WHEN BUYING THIS COMPLEX OF HOUSES IS A EXTRA JOJO TANK AND IRRIGATION FITTINGS#

*Plans Drawn Up For A Total Of (28x) Housing Units On This Property*

**DEVELOPMENT RIGHTS & BUSINESS RIGHTS IN PLACE**

**If You Think About It-- This Property Could Pay Off And Develop Itself If You Manage It The Right Way**
===Rent Out The Rooms In Main House Separately As Student Accommodation
==Rental Income From Existing (9x)...

# Parking: 7
Property Reference #: 191

Agent Details:
Tania Fourie
Elegante Estate Agency
20 Reitz Street, Meyerton, Gauteng
Meyerton

Id Subtitle 1235903199
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
Interest rate at 11.75% for 20 years *
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Elegante Estate Agency
Selling for 3+ years
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