21 bedrooms Business in HOEDSPRUIT

R 3,750,000

Can I afford this?
1 year ago110 views
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General Details
Description
Rental income property for sale, located in the town of Hoedspruit. There are 11 different room/ apartment options totalling 21 bedrooms. Total rental income of R45,000 per month, netting around R35,000

Ideal for passive income as a pure rental, for company accommodation or for one to live there and get income from the property.

2 x 2-bedroom apartment, multilevel
3-bedroom House with garden
3-bedroom corner apartment
2-bedroom apartment
1-bedroom apartment
5 single rooms with shared kitchen and bathrooms
Converted train apartment with 3 rooms
Onsite parking

DSTV used for all flats
Electric fencing on the front wall
Large high walls around the property
Separate power and water meters for each flat. Tenants pay for their own usage
Borehole on property, but not fitted.
Carport for three cars
3 phase power

683 square meters under roof
Tenants have been long term and good payers. Low rotation of tenants.
Contact Rob now for info on this investment opportunity

DISCLAIMER|
Century 21 Wildlife Properties have made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot warrant the complete accuracy thereof, subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

Rates And Taxes: 3111
Property Reference #: 1446448

Agent Details:
Rob Severin
CENTURY 21 Wildlife Properties
Shop 20 & 21
Kamogelo Tourism Centre
124 Springbok Street, Hoedspruit
124 Springbok Street
Hoedspruit
1380
Id Subtitle 1169670028
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Estimated monthly repaymentR 40,640
Total property loan amountR 3,750,000
Total interestR 6,003,364
Total repaymentR 9,753,364
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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CENTURY 21 Wildlife Properties
Selling for 7+ years
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