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Investment Opportunity.
R 2,100,000
Can I afford this?5 Photo(s)
1 year ago506 views
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General Details
Location:
For Sale By:Agency
Description
Here's a concise overview of what it offers:
Size: The property spans 1.7131 hectares.
Water Supply: The property benefits from having a borehole, ensuring a reliable water source.
Grazing Camps: There are three grazing camps, which are likely suitable for livestock farming or agricultural purposes.
House One: This house is constructed with face brick and features a lounge, dining room, kitchen, two bedrooms, one bathroom, a laundry room, and a garage. It operates on a pre-paid electricity system and has access to borehole water.
House Two: The second house is a painted house and includes one bedroom, one bathroom, a kitchen, a lounge, and a carport. Like the first house, it also operates on pre-paid electricity and has access to borehole water.
Tenanted: Both houses are currently tenanted, which could provide a source of rental income for the property owner.
Given the size of the property and the presence of two houses with tenants, it offers a range of possibilities for income generation or diverse living arrangements.
Anyone interested in obtaining more detailed information about this unique property or the adjacent one, please contact the agents for further details and potential viewing opportunities.
Property Reference #: RL4757
Agent Details:
Gail Botha
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
Size: The property spans 1.7131 hectares.
Water Supply: The property benefits from having a borehole, ensuring a reliable water source.
Grazing Camps: There are three grazing camps, which are likely suitable for livestock farming or agricultural purposes.
House One: This house is constructed with face brick and features a lounge, dining room, kitchen, two bedrooms, one bathroom, a laundry room, and a garage. It operates on a pre-paid electricity system and has access to borehole water.
House Two: The second house is a painted house and includes one bedroom, one bathroom, a kitchen, a lounge, and a carport. Like the first house, it also operates on pre-paid electricity and has access to borehole water.
Tenanted: Both houses are currently tenanted, which could provide a source of rental income for the property owner.
Given the size of the property and the presence of two houses with tenants, it offers a range of possibilities for income generation or diverse living arrangements.
Anyone interested in obtaining more detailed information about this unique property or the adjacent one, please contact the agents for further details and potential viewing opportunities.
Property Reference #: RL4757
Agent Details:
Gail Botha
Home and Hectare
43B - 6th Avenue
Walmer
Port Elizabeth
6070
Id Subtitle 1192969032
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Estimated monthly repaymentR 22,758
Total property loan amountR 2,100,000
Total interestR 3,361,884
Total repaymentR 5,461,884
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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