2 Freestanding Houses for the price of 1

R 1,290,000

Can I afford this?
27 days ago20 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Built as an income generator, excellent investment opportunity.

Property features 2 free standing houses and a vacant land ready to build another Duplex.

Main House features 3 bedrooms 1 bathroom
Open plan living area and kitchen,Meranti windows and doors
2 aircons and a Verandah.
Home is fully secured with Burglar guards and fully fenced..
A 1 and half bedroom 1 bathroom flatlet adds a special touch to the main house.

2nd Home is double Storey, offering 2-bedroom 1 bathroom upstairs and 3 bedrooms 1 bathroom downstairs.
Both are open plan with lounge, dining area and kitchen.
Features include a prepaid metre in both units and fully secured.

Property currently generates a rental income of R 9500 Excluding Main house.

Added bonus a vacant space of land suitable to build another Duplex.

Book your viewing today.

Property Reference #: RL557

Agent Details:
Tim Manikam
Gourlay Properties
Umhlanga Head OfficeUnit 104 Beacon Rock21 lighthouse road Umhlanga Rocks

Id Subtitle 1272139236
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Estimated monthly repaymentR 13,980
Total property loan amountR 1,290,000
Total interestR 2,065,158
Total repaymentR 3,355,158
Interest rate at 11.75% for 20 years *
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Gourlay Properties
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