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An Investors Dream Property Located in Salt River, Cape Town
R 1,949,000
Can I afford this?
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15 days ago5 views
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General Details
Description
Discover a remarkable investment opportunity in this 2-bedroom house with income-generating flatlets. The house features 2 bathrooms, including an outdoor bath, shower, and separate lavatory. Cozy up with three fireplaces, including one in the living room and two in the bedrooms. The property also includes two flatlets at the back, perfect for generating additional income.
Main House:
- Two spacious bedrooms with built-in wardrobes
- Cozy living room with a fireplace
- Well-equipped kitchen with ample storage
- Dining area for family gatherings
- Bathroom with a shower
Flatlets:
- Two separate flatlets at the rear for rental income
- Each flatlet includes 2 rooms (4 rooms total) for versatile use as bedrooms or living spaces
- Potential for upgrades to enhance rental returns
Additional Features:
- Separate entrance for privacy
- Expansive outdoor space for entertaining
- Conveniently located near schools, shops, and public transport
Unlock endless possibilities with this prime property. Whether you're looking for a lucrative investment or a flexible living arrangement, this property offers it all. Schedule a viewing today and seize this opportunity!
Property Reference #: RL2119
Agent Details:
Ricky Ferreira
Lencar Exclusive Properties
11 Rooigras Avenue
Bassonia
Johannesburg South
2061
Main House:
- Two spacious bedrooms with built-in wardrobes
- Cozy living room with a fireplace
- Well-equipped kitchen with ample storage
- Dining area for family gatherings
- Bathroom with a shower
Flatlets:
- Two separate flatlets at the rear for rental income
- Each flatlet includes 2 rooms (4 rooms total) for versatile use as bedrooms or living spaces
- Potential for upgrades to enhance rental returns
Additional Features:
- Separate entrance for privacy
- Expansive outdoor space for entertaining
- Conveniently located near schools, shops, and public transport
Unlock endless possibilities with this prime property. Whether you're looking for a lucrative investment or a flexible living arrangement, this property offers it all. Schedule a viewing today and seize this opportunity!
Property Reference #: RL2119
Agent Details:
Ricky Ferreira
Lencar Exclusive Properties
11 Rooigras Avenue
Bassonia
Johannesburg South
2061
Id Subtitle 1278789173
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Estimated monthly repaymentR 21,122
Total property loan amountR 1,949,000
Total interestR 3,120,149
Total repaymentR 5,069,149
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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Lencar Exclusive Properties
Selling for 4+ months
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