Lucrative investment opportunity

R 2,450,000

Can I afford this?
1 year ago150 views
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General Details
For Sale By:Agency
Description
Lucrative investment opportunity situated in Wilkoppies and just 1.3 km from Wilmedpark Hospital.

Not only is this property well located but it has 10 bachelor units with gross monthly income of R32 500 on long term leases. Each unit has its own bedroom, bathroom and kitchenette. There is a communal kitchen that is fully equipped as well as a communal laundry that can be used by all the tenants.

The property is also zoned for office use as well as a guesthouse.

Purchase Price is VAT inclusive.

Do not miss this opportunity!!!

Property Reference #: RL21674

Agent Details:
Thenus Botha
3 Percent Com Properties (PTY) Ltd
59 Monica Avenue
Flamwood
Klerksdorp
2571

Id Subtitle 1199513238
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Estimated monthly repaymentR 26,551
Total property loan amountR 2,450,000
Total interestR 3,922,198
Total repaymentR 6,372,198
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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3 Percent Com Properties (PTY) Ltd
Selling for 2+ years
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