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Great investment opportunity
R 8,000,000
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1 year ago506 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Umhlatuzana
A great investment opportunity has presented itself just off Higginson Highway in Umhlatuzana T/ship. The developer has created 4 x 3 bed, 2 baths, 2 parking units and 4 X 2 bed, 1 baths, 1 parking units. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R54 000pm. The estimated rental income could be R720 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being 13 apartments in the Malvern area with 3 beds, 2 baths, 2 parkings as the standard spec. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Property Reference #: RL3711
Agent Details:
Gladys Nkomo
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
A great investment opportunity has presented itself just off Higginson Highway in Umhlatuzana T/ship. The developer has created 4 x 3 bed, 2 baths, 2 parking units and 4 X 2 bed, 1 baths, 1 parking units. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R54 000pm. The estimated rental income could be R720 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being 13 apartments in the Malvern area with 3 beds, 2 baths, 2 parkings as the standard spec. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Property Reference #: RL3711
Agent Details:
Gladys Nkomo
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Id Subtitle 1144489718
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
Interest rate at 11.75% for 20 years *
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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
Total Ads376
Active Ads376
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