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Income Generator in close proximity to UKZN and DUT, A Must See!
R 4,899,000
Can I afford this?
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12 days ago21 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):367
Parking:Garage
Description
This money generator is Just 1km from DUT Steve Biko Campus and 3km from UKZN Howard College Campus boasting 14 Rooms, 4 kitchens, and 6 communal bathrooms with a total 48 Beds charged at R2,000 monthly rental per bed and a space for an additional 10 beds in the 2 outbuildings this property can generate R116,000 at maximum occupancy. The property comes fully furnished with all the beds, microwaves, fridges, staff and tenants in it. The unit is in a great condition, it also has designated laundry area as well as parking for up to 7 cars through its two entrances. Prepaid electricity meter has already been applied for, however it is still on a municipal account.
If you are looking for an incomes generator look no further!
Contact me for private viewing
Property Reference #: 7002001-52945
Agent Details:
Ayanda Mpofu
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
If you are looking for an incomes generator look no further!
Contact me for private viewing
Property Reference #: 7002001-52945
Agent Details:
Ayanda Mpofu
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274182504
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Estimated monthly repaymentR 53,091
Total property loan amountR 4,899,000
Total interestR 7,842,795
Total repaymentR 12,741,795
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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3.67MTotal Views
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