Investors Dream! 2 for the price of 1!

R 1,850,000

Can I afford this?
8 months ago154 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):952
Parking:Garage
Description
SERIOUS SELLER! Investment property located in the heart of Cambridge West within a short distance to shops& schools.
Main House - consists of large open plan lounge\dinningroom with doors opening onto a covered patio with built in braai & private walled yard. The kitchen is spacious with loads of cupboards,3 nice size bedrooms with built in cupboards & solid wooden floors, separate toilet & bathroom. Not forgetting a tunnel garage & fully walled front yard with added parking space. Windows have burglar bars & security gates.
+ Flatlet boasting open plan lounge\kitchen,1 bedroom & bathroom with private entrance & own yard.

House 2 - boasts a spacious open plan lounge, with doors opening onto a private
patio/entertainment area, kitchen, bathroom & 3 bedrooms .This home also has a carport with own private entrance & yard with onsite parking for extra vehicles.
All leases in place with a rental income of R21,000 p\m
By Appointment

# Parking: 1
Rates And Taxes: 1800
Has Garden
Property Reference #: 2174653

Agent Details:
Bronwyn Stap
eProperty.Net
The Ridge Shopping Centre, 1 Floor,
c/o Mozart & Nic Diederiks Honeydew Ridge


Id Subtitle 1229795915
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Estimated monthly repaymentR 20,049
Total property loan amountR 1,850,000
Total interestR 2,961,660
Total repaymentR 4,811,660
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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