Home for the larger family or investor

R 1,699,000

Can I afford this?
5 months ago114 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):1015
Parking:Garage
Description
Investment Property in Fleurdal

Welcome to this exceptional investment property located in the sought-after area of Fleurdal. Situated near numerous amenities, including shopping malls, schools, and doctors, this property offers convenience and accessibility.

Comprising of three separate units, this property presents an incredible opportunity for investors looking to generate rental income. Let's take a closer look at each unit:

Unit 1 offers a comfortable living space, featuring 1 bedroom, 1 bathroom, a lounge, and a well-equipped kitchen. Additionally, it boasts a double carport, a Wendy house for extra storage, a refreshing pool, and a small garden with its own entrance. With a rental income of R5,000 per month, this unit presents an attractive investment prospect.

Unit 2 provides even more space with 2 bedrooms, 1 full bathroom, a kitchen, and a spacious lounge area. It also includes a double carport and a small garden with its own entrance. Generating a rental income of R7,500 per month, this unit offers a great return on investment.

Unit 3 features 2 bedrooms, 1 full bathroom, a kitchen, and a comfortable lounge. In addition to the ample living space, it includes a double garage and a small garden with its own entrance. This unit generates a rental income of R6,500 per month.

One of the standout features of this property is that each unit has its own water and electricity meters, ensuring ease of management for both the landlord and tenants.

Whether you are an experienced investor seeking to expand your property portfolio or a first-time buyer looking to enter the property market as an investor, this investment property in Fleurdal is an excellent opportunity not to be missed.

Contact us today to arrange a viewing and secure your future in real estate investment.

# Parking: 1
Rates And Taxes: 1435
Has Garden
Property Reference #: 2198578

Agent Details:
Marna Erasmus
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301

Id Subtitle 1245689886
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No. of years
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Estimated monthly repaymentR 18,413
Total property loan amountR 1,699,000
Total interestR 2,719,924
Total repaymentR 4,418,924
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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Home Property Group SA (PTY) LTD
Selling for 2+ years
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