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11 Bedroom House For Sale in Beacon Bay
R 2,500,000
Can I afford this?9 Photo(s)
1 month ago61 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:None
Description
Calling all Investors!!!
This property, currently zoned residential, presents an enticing opportunity for investors seeking high rental income. Situated on a larger erf spanning 2263m², it boasts ample space for potential development or expansion. The pre-existing building, covering 370m², offers immediate income-generating potential or the possibility for renovation and enhancement. With its strategic location and generous size, this property promises lucrative returns and numerous possibilities for growth in your investment portfolio.
Contact me today to get more information!
Property Reference #: ELO-RS00999
Agent Details:
Kaye Groom
Century21
84 Vincent Road Vincent East London 5247
This property, currently zoned residential, presents an enticing opportunity for investors seeking high rental income. Situated on a larger erf spanning 2263m², it boasts ample space for potential development or expansion. The pre-existing building, covering 370m², offers immediate income-generating potential or the possibility for renovation and enhancement. With its strategic location and generous size, this property promises lucrative returns and numerous possibilities for growth in your investment portfolio.
Contact me today to get more information!
Property Reference #: ELO-RS00999
Agent Details:
Kaye Groom
Century21
84 Vincent Road Vincent East London 5247
Id Subtitle 1270078806
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
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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Century21
Selling for 3+ years
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