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3 Bedroom House for Sale IN Newlands 498m2
R 1,290,000
Can I afford this?
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9 months ago226 views
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General Details
Location:
For Sale By:Agency
Description
INCOME GENERATOR, Calling For All Investors.
This home is an Income generating home set on a 498m2 in a quiet street of Newlands Johannesburg. And it consists of 2 bedrooms, 1 bath, 1 kitchen, 1 living room / dining, 5 newly built self- contained cottages, with parking for 4 cars.
The main house comes with a 2 large bedroom with all build-in cupboards, 1 full bath,1 laundry room, 1 large kitchen with enough cupboards for storage, 1 separate lounge and dining, with access door leading to the back. This home was specifically designed to generate income with 5 newly build self-contained cottages each with own kitchen, shower, and toilet and enough parking space for more than 3 cars in the yard.
All 5 self-contained are fully lets, generating an income of about 24k pm, prepaid electricity. The owners are re-locating for a new job opportunity.
Don’t miss out on this great Opportunity.
Call Agent Now And Book For Viewing, View On Appointment Only.
Property Reference #: RL22295
Agent Details:
Zack Ngeh
3 Percent Com Properties (PTY) Ltd
34 6th Street
Parkhurst
Johannesburg
2193
This home is an Income generating home set on a 498m2 in a quiet street of Newlands Johannesburg. And it consists of 2 bedrooms, 1 bath, 1 kitchen, 1 living room / dining, 5 newly built self- contained cottages, with parking for 4 cars.
The main house comes with a 2 large bedroom with all build-in cupboards, 1 full bath,1 laundry room, 1 large kitchen with enough cupboards for storage, 1 separate lounge and dining, with access door leading to the back. This home was specifically designed to generate income with 5 newly build self-contained cottages each with own kitchen, shower, and toilet and enough parking space for more than 3 cars in the yard.
All 5 self-contained are fully lets, generating an income of about 24k pm, prepaid electricity. The owners are re-locating for a new job opportunity.
Don’t miss out on this great Opportunity.
Call Agent Now And Book For Viewing, View On Appointment Only.
Property Reference #: RL22295
Agent Details:
Zack Ngeh
3 Percent Com Properties (PTY) Ltd
34 6th Street
Parkhurst
Johannesburg
2193
Id Subtitle 1223285051
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Estimated monthly repaymentR 13,980
Total property loan amountR 1,290,000
Total interestR 2,065,158
Total repaymentR 3,355,158
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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