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Investment Opportunity in Arbor Park - Don't Miss Out!
R 980,000
Can I afford this?
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1 month ago56 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Parking:Garage
Description
Welcome to an investment opportunity in the heart of [Arbor Park]. This property offers not just a home but a solid income-generating asset with four fully occupied units.
Key Features:
Four Units: This property comprises four distinct units, each meticulously designed for both comfort and functionality. Whether you're an investor looking for steady cash flow or a homeowner seeking additional rental income, this property is a smart choice.
Income Potential: All four units are currently generating consistent rental income, making this an ideal investment for those looking to expand their portfolio. The reliable income stream provides financial stability and a strong return on investment.
Prime Location: Situated in one of the most sought-after areas in Arbor Park, this property enjoys proximity to Newcastle Mall, BlackRock Casino, schools, parks, etc.]. The location not only enhances the quality of life for residents but also adds to the property's long-term value.
Property Reference #: APR131
Agent Details:
Helena Venter
Allied Real Estate
28 Ayliff Street, Newcastle, 2940
Key Features:
Four Units: This property comprises four distinct units, each meticulously designed for both comfort and functionality. Whether you're an investor looking for steady cash flow or a homeowner seeking additional rental income, this property is a smart choice.
Income Potential: All four units are currently generating consistent rental income, making this an ideal investment for those looking to expand their portfolio. The reliable income stream provides financial stability and a strong return on investment.
Prime Location: Situated in one of the most sought-after areas in Arbor Park, this property enjoys proximity to Newcastle Mall, BlackRock Casino, schools, parks, etc.]. The location not only enhances the quality of life for residents but also adds to the property's long-term value.
Property Reference #: APR131
Agent Details:
Helena Venter
Allied Real Estate
28 Ayliff Street, Newcastle, 2940
Id Subtitle 1289908885
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Estimated monthly repaymentR 10,621
Total property loan amountR 980,000
Total interestR 1,568,880
Total repaymentR 2,548,880
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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Allied Real Estate
Selling for 1 month
Total Ads22
Active Ads22
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22Total Ads
869Total Views
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