Prime Investment Property with Multiple Income Streams

R 1,650,000

Can I afford this?
4 months ago105 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):973
Description
Marketed by 3K Properties....

Ideally nestled in Southridge, this freestanding family home presents an investment opportunity like no other. Meticulously designed for functionality and comfort, this fulsome housing package radiates warmth and invites a harmonious living condition for families and tenants alike.
As you traverse through the house, be welcomed by an open plan lounge and dining, elegantly sketched with generous space and vibrant aesthetics, ideal for both intimate family interactions and lively social gatherings. For the avid cooking enthusiast, the fully fitted kitchen blends style and practicality, waiting for culinary magic to unfold. The main house boasts 3 spacious bedrooms, each equipped with built-in cupboards (BIC) â?? ensuring ample storage for your wardrobe and needs. Accompanying the bedrooms is a modish bathroom and a convenient guest loo for added comfort and privacy.

The property further impresses with a significant inclusion of 4 x 1 bed units â?? each bearing its own unique style. These units aren't just houses, but reliable investment channels, generating an income of R16,000 in total â?? a financial boost that property investors will undoubtedly appreciate.
Parking worries are a thing of past with this home, having ample space to accommodate vehicles comfortably parking. Rest assured of safety â?? the property is fitted with an alarm system, monitored round-the-clock with a 24hr armed response. Encased within a secure walled and gated perimeter, this property is a safe haven for its inhabitants.
The tranquility of the garden is a sweet escape within the property. It is a perfect place to unwind, engage in gardening, or simply revel in natureâ??s beauty.

This neighbourhood is vibrant yet serene, offering you the best of convenience and peaceful living. Nestled subtly within the surroundings, the location is an attractive blend of accessibility.
Perfectly blending convenience and monetary benefits, a space that provides not just shelter, but continually rewards you â?? a genuine investments haven.

Rates And Taxes: 1180
Property Reference #: 210

Agent Details:
Lalitha Kannaye
3K Properties
61 Primrose Drive, Southridge, Verulam, 4339
Verulam

Id Subtitle 1253046774
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Estimated monthly repaymentR 17,882
Total property loan amountR 1,650,000
Total interestR 2,641,480
Total repaymentR 4,291,480
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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3K Properties
Selling for 3+ years
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