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Excellent RENTAL INCOME- close to Lanseria airport
R 3,500,000
Can I afford this?15 Photo(s)
7 months ago90 views
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General Details
Location:
For Sale By:Agency
Description
Property Address:
Lindley, Mogale City
2 x Klinkerbrick homes with 4 spacious bedrooms and 2.5 bathrooms . 3 Garages and 6 cottages,of which 4 are studio/batchelor units and 2 x one bedroom , all of the units have one bathroom. The property is well cared for and has tall indigenious trees,l ots of shrubs, a fenced of area for ducks and stables for horses . Further rental income from Cel phone tower.
Rental Income from Tower and one house and 6 cottages amounts to :R 38 000 /month
A further rental can be derived from the owners house: approximate total of R 50 000
# Parking: 3
Rates And Taxes: 750
Property Reference #: 560
Agent Details:
Jennifer Glatter
Falcon Estates
34 Othello Road, Fourways, 2021
Randburg
Lindley, Mogale City
2 x Klinkerbrick homes with 4 spacious bedrooms and 2.5 bathrooms . 3 Garages and 6 cottages,of which 4 are studio/batchelor units and 2 x one bedroom , all of the units have one bathroom. The property is well cared for and has tall indigenious trees,l ots of shrubs, a fenced of area for ducks and stables for horses . Further rental income from Cel phone tower.
Rental Income from Tower and one house and 6 cottages amounts to :R 38 000 /month
A further rental can be derived from the owners house: approximate total of R 50 000
# Parking: 3
Rates And Taxes: 750
Property Reference #: 560
Agent Details:
Jennifer Glatter
Falcon Estates
34 Othello Road, Fourways, 2021
Randburg
Id Subtitle 1241250144
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
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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Falcon Estates
Selling for 7+ years
Total Ads20
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