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Investment Opportunity
R 1,750,000
Can I afford this?25 Photo(s)
11 days ago25 views
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General Details
Location:
For Sale By:Agency
Description
Nestled in the tranquil, sought-after neighbourhood of Orange Grove, right on the cusp of Linksfield, this robustly constructed home presents a golden opportunity for owners. Recently renovated, it boasts two one-bedroom apartments, each featuring warm parquet flooring, built-in cupboards, an en-suite bathroom, and an open-plan kitchen and living room adorned with attractive tiling. The pièce de résistance is the breathtaking view of the Johannesburg skyline visible from the living room windows. Additionally, a spacious two-bedroom apartment offers the same luxurious amenities, including ample cupboard space and enchanting views that captivate the eye. For those seeking a cosy yet spacious living arrangement, the property also includes a studio/bed-sitter apartment with a cleverly designed layout that maximizes space without compromising comfort. Safety is paramount, with each tenant enjoying the privacy of their own entrance gate and the security of an electric fence encircling the property. In addition, the property offers a studio apartment, with a kitchen and bathroom. In case of emergencies, CAP security services are instantly accessible via a panic button. A large, lock-up garage with a roll-up door provides ample storage for the owner. Currently, the property enjoys full occupancy with existing leases generating a lucrative monthly income. With the potential to transition into a high-end Air B&B setup, this property is not just a home; it's a versatile investment with endless possibilities.
Property Reference #: RES11392
Agent Details:
Jennifer Webbstock
National Realtors Group
785 Naivasha Road
Sunninghill
Johannesburg
South Africa
2157
Property Reference #: RES11392
Agent Details:
Jennifer Webbstock
National Realtors Group
785 Naivasha Road
Sunninghill
Johannesburg
South Africa
2157
Id Subtitle 1277581929
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Estimated monthly repaymentR 18,965
Total property loan amountR 1,750,000
Total interestR 2,801,570
Total repaymentR 4,551,570
Interest rate at 11.75% for 20 years *
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National Realtors Group
Selling for 13 days
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