RENTAL ACCOMMODATION BUILDINGS FOR SALE

R 800,000

Can I afford this?
1 month ago23 views
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General Details
For Sale By:Agency
Description
These 3 buildings are situated in Marude Thohoyandou behind University of Venda. 2 buildings have 6 rooms each and 1 building has 3 rooms. It has the potential to be developed into student accommodation or residential accommodation with good return. 2 buildings have a ceiling and the floor is cemented and the other 3 rooms have no ceiling. There is water and a tank with prepaid electricity. Most of the rooms has tenants occupying them. It has a wire fence. Call or send a message to view the property.

Property Reference #: DPR12698

Agent Details:
Selby Sigwadi
Dormehl Phalane Property Group
No 6 Mulovhedzi Building
Mphephu Drive
Thohoyandou
0950

Id Subtitle 1274822453
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Estimated monthly repaymentR 8,670
Total property loan amountR 800,000
Total interestR 1,280,718
Total repaymentR 2,080,718
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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Dormehl Phalane Property Group
Selling for 3+ years
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