Introducing an exceptional investment opportunity in the heart of Manaba!

R 2,550,000

Can I afford this?
2 months ago57 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Description
This expansive freestanding property presents five units, with four currently generating steady rental income, making it a lucrative prospect for savvy investors.

Strategically located within walking distance to shops, amenities, and the pristine beach, this property offers unparalleled convenience for tenants. While it may require some tender loving care, the potential for significant returns is undeniable.

Unit 1 epitomizes spacious living with its three bedrooms, generously-sized lounge, dining area, and kitchen. The airy ambiance is complemented by a unique featureâ??a khoi dam, currently serving as a small pool, adding a touch of tranquility.

Unit 2 is currently undergoing maintenance but holds promising potential for future rental opportunities. Like its counterparts, it boasts ample space and functionality.

Unit 3 offers comfortable living with two bedrooms, two bathrooms, a well-appointed kitchen, and a lounge. Additionally, a study provides versatility and could easily be converted into an additional bedroom, enhancing its appeal.

Unit 4 features two bedrooms, a bathroom, kitchen, and loungeâ??perfect for tenants seeking a cozy yet practical living space.

Each unit includes parking facilities and a patio, ensuring convenience and outdoor enjoyment for residents. Furthermore, a spacious communal yard provides ample space for recreation and relaxation.

Don't miss out on this rare chance to invest in a property that promises both immediate rental income and long-term growth potential. Contact us today to seize this opportunity and elevate your investment portfolio in Manaba!

Has Pool
Property Reference #: PTR1071

Agent Details:
Pieter Kruger
PropertyTime
Umtentweni

Id Subtitle 1263372417
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 27,635
Total property loan amountR 2,550,000
Total interestR 4,082,288
Total repaymentR 6,632,288
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.
RECALCULATE
PropertyTime
Selling for 3+ years
Total Ads248
Active Ads248
Professional Seller
Seller stats
248Total Ads
254.27KTotal Views
Contact PropertyTime
073*******Show Number
Message
(3973)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.