Great Investment Opportunity near Cradlestone Mall

R 3,950,000

Can I afford this?
8 months ago104 views
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General Details
For Sale By:Agency
Description
Property Address:
Roodekrans, Roodepoort
With a main house and sparkling pool 6 cottages a vacant beauty/hairdessing salon and a large factory this well kept smallholding situated directly behind Cradlestone Mall is ideal for a work from home scenario or for an extended family,
Opportunity also exists for a small private school/pre school or Church with Consent use.
Immaculate grounds
Excellent security
5 minutes from Cradlestone mall
Strong borehole
Large factory with rental income potential Total income potential of all buildings R49500 per month

# Parking: 2
Rates And Taxes: 2000
Property Reference #: 212

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1235058098
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
Interest rate at 11.75% for 20 years *
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SA Land
Selling for 7+ years
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