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GR2 Zoning!
R 2,495,000
Can I afford this?
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18 days ago20 views
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General Details
Location:
For Sale By:Agency
Description
An amazing opportunity presents itself for an investor getting into property accomodation market for the first time. It is all set up, tenanted with long standing tenants and ready to go. The return is strong enough to cover your investment and the rates and taxes. All units are 1 bedroom studios( as generous as 1 bedrooms) with it's own separate shower and toilets. The owner has been so successful with the model he now wants to do it on a larger scale( reason for sale) Situated close to Umbilo police station, Glenwood bakery, creches, place of worship, good schools and Howard college.
Property Reference #: RL5685
Agent Details:
Rolf Madurai
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Property Reference #: RL5685
Agent Details:
Rolf Madurai
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Id Subtitle 1276336724
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Estimated monthly repaymentR 27,039
Total property loan amountR 2,495,000
Total interestR 3,994,238
Total repaymentR 6,489,238
Interest rate at 11.75% for 20 years *
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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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