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INVESTORS DREAM
R 2,300,000
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1 year ago461 views
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General Details
Location:
For Sale By:Agency
Description
LARGE INCOME GENERATING PROPERTY
This 7 bedrooms 4 bathrooms is a life long investment. located at Umbilo all bedrooms are spacious with built-in cupboards, 2 bedrooms with en-suits, a large fully fitted kitchen with breakfast nook, tv area with DSTV compact and swimming pool, uncapped wifi, 3 Air cons,2 washing machines, 3 fridges, curtains and bedding, full security every tenant has their own panic button, 4 lockup garages.
Accommodation for students (ALL GIRLS CURRENTLY) 12/16 students in the main house and family in the garden cottage.
Cleaner comes twice a week. All house rules in place and followed by tenants and leases in place, also furniture included.
Below is a breakdown of income:
Room A1
3 Sharing
R2500 x 3 (R 7,500)
Room A2
3 sharing
R2500 x 3 (R 7,500)
Room A3
Single
R3 300
Room A4
Single with en-suite
R3 500
Room A5
2 Sharing
R2 700 x 2 (R5 400)
Room A6
2 sharing with en-suite
R2 900 x 2 (R 5 800)
Garden cottage
R3 500
This property has a great future potential and has a lot to offer you
Has Pool
Property Reference #: RL3721
Agent Details:
Khanyi Khanyile
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
This 7 bedrooms 4 bathrooms is a life long investment. located at Umbilo all bedrooms are spacious with built-in cupboards, 2 bedrooms with en-suits, a large fully fitted kitchen with breakfast nook, tv area with DSTV compact and swimming pool, uncapped wifi, 3 Air cons,2 washing machines, 3 fridges, curtains and bedding, full security every tenant has their own panic button, 4 lockup garages.
Accommodation for students (ALL GIRLS CURRENTLY) 12/16 students in the main house and family in the garden cottage.
Cleaner comes twice a week. All house rules in place and followed by tenants and leases in place, also furniture included.
Below is a breakdown of income:
Room A1
3 Sharing
R2500 x 3 (R 7,500)
Room A2
3 sharing
R2500 x 3 (R 7,500)
Room A3
Single
R3 300
Room A4
Single with en-suite
R3 500
Room A5
2 Sharing
R2 700 x 2 (R5 400)
Room A6
2 sharing with en-suite
R2 900 x 2 (R 5 800)
Garden cottage
R3 500
This property has a great future potential and has a lot to offer you
Has Pool
Property Reference #: RL3721
Agent Details:
Khanyi Khanyile
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Id Subtitle 1145913316
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Estimated monthly repaymentR 24,926
Total property loan amountR 2,300,000
Total interestR 3,682,063
Total repaymentR 5,982,063
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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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
Total Ads377
Active Ads377
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