Income producing property in Walmer

R 2,700,000

Can I afford this?
1 month ago51 views
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General Details
For Sale By:Agency
Description
Main 3 bedroom house + 2 units on one property.
Looking for a place to live, work and have granny living on the property or just earn an income?
Welcome to this versatile income-generating property.

This property features a spacious main house with three bedrooms, two of which have ensuites plus a third bathroom and a separate toilet. The convenient office/family room at the front of the home welcomes you on arrival and leads to an open plan kitchen to dining area. A spacious lounge with a built-in bar, and an indoor braai that opens onto a private pool, garden and fire pit.

Additionally, there's a sunny studio flatlet and a stunning, private 100m2 garden apartment on the property, offering flexible living or rental options.

Security is a priority with electric fencing and remote gate access, 3 x 500l water tanks to sustain the property when needed, lockable garden shed, a separate laundry with bathroom and off-street parking for convenience. Don't miss out on this multifaceted opportunity!

Has Pool
Property Reference #: RL5152

Agent Details:
Chelsea Stocks
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070

Id Subtitle 1270419406
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Estimated monthly repaymentR 29,261
Total property loan amountR 2,700,000
Total interestR 4,322,422
Total repaymentR 7,022,422
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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Home and Hectare
Selling for 3+ years
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