Great Investment Property !!

R 990,000

Can I afford this?
1 month ago35 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):496
Description
Calling all investors to grab the opportunity to own this property located in a nice area close to great primary and secondary schools, shopping centres, health facilities, filling stations, transportation and many more other amenities.

The property has great investment returns generating a rental income of R11 600.00, that will help towards the bond repayment and still be left with money from that rent.

The main building/flatlet consists of 2 well sized bedrooms with built in cupboards, fully fitted kitchen with ample cupboard space, open plan lounge and dining area plus 1 newly renovated bathroom with shower, basin and toilet, there's tiled floor all around. R4000 rent pm

Second flatlet/unit offers 1 spacious bedroom with built in cupboards, fitted kitchen and lounge area , tiled flooring plus 1 bathroom with toilet, shower and basin. R3000 rent pm

The third flatlet/unit consists of a spacious fitted kitchen, open plan lounge area to relax, and a large bedroom that can be divided and make 2 bedrooms, tiled floor, plus 1 full communal bathroom with shower, toilet, basin that is shared with the fourth unit. R3000 rent pm

This unit is the smallest which consists of a 1 bedroom and lounge area, tiled floors, and this unit shares a bathroom with the third unit. R1 600 rent pm

Each flatlet/unit has its own prepaid meters

There's a large carport that can cover about 4 cars and a neat spacious yard.

This property is fully walled and secured with a gate for an added peace of mind.

Call now to arrange your exclusive viewing and be assistance further!

It won't last long.

Rates And Taxes: 735
Property Reference #: 1665

Agent Details:
Akash Rampersad
Lentra Realty
20511 Umfeca Lane, Extension 30, Vosloorus, Boksburg, Gauteng, 1475
Boksburg

Id Subtitle 1269015467
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Estimated monthly repaymentR 10,729
Total property loan amountR 990,000
Total interestR 1,584,888
Total repaymentR 2,574,888
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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Lentra Realty
Selling for 6+ years
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