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Investment opportunity
R 3,900,000
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General Details
Location:
Description
This property listing showcases an exceptional investment opportunity in the highly popular area of Rosettenville. The residential building consists of 15 spacious and well maintained apartments. Its prime location offers the convenience of having essential amenities such as shops, schools, a church, and public transport within walking distance. Additionally, the property provides easy access to the N17 and N12 highways, just a short 3-minute drive away, and is only a 10-minute drive to JHB central.
The building itself is in a good condition, exuding a neat and well-cared-for appearance. On-site parking is available for residents, and the property is equipped with reliable security measures to ensure their safety and convenience. With its enviable location and enticing features, this property presents an incredibly promising investment opportunity.
9 x 2 bedroom apartments
6 x 1 bedroom apartments
9 x Parking bays
Net monthly income of R 57 000
Rates And Taxes: 3000
Property Reference #: 2210693
Agent Details:
Andre Van Vuuren
ZA Prop JHB South
99 True North Road, Mulbarton
The building itself is in a good condition, exuding a neat and well-cared-for appearance. On-site parking is available for residents, and the property is equipped with reliable security measures to ensure their safety and convenience. With its enviable location and enticing features, this property presents an incredibly promising investment opportunity.
9 x 2 bedroom apartments
6 x 1 bedroom apartments
9 x Parking bays
Net monthly income of R 57 000
Rates And Taxes: 3000
Property Reference #: 2210693
Agent Details:
Andre Van Vuuren
ZA Prop JHB South
99 True North Road, Mulbarton
Id Subtitle 1259339201
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Estimated monthly repaymentR 42,265
Total property loan amountR 3,900,000
Total interestR 6,243,499
Total repaymentR 10,143,499
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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ZA Prop JHB South
Selling for 2+ years
Total Ads1.06K
Active Ads1.06K
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