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Large investment property with multiple tenanted units with income!
R 9,500,000
Can I afford this?
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10 months ago95 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1994
Parking:Covered
Description
This is a good investment opportunity which is particularly attractive to a Vatable buyer! The property consists of a double storey main house in the centre, 3 residential units at the back of the main house, a separate residential block with 8 units (4 upstairs and 4 downstairs) to the right and a separate residential block with 4 Units (two upstairs and two downstairs) to the left, both behind the main house.
The premises is surrounded by high boundary walls, barbed wire, is accessed through a small main gate and two vehicle entrances with remote controlled gates, paved driveways leading to the residential units, a double carport and 13 open parkings. The residential units range from two bedrooms and one bathroom units to three bedrooms and two bathroom units catering for a range of tenants. Make some time to to come and view all the opportunities with me!
Property Reference #: ELO-RS00680
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
The premises is surrounded by high boundary walls, barbed wire, is accessed through a small main gate and two vehicle entrances with remote controlled gates, paved driveways leading to the residential units, a double carport and 13 open parkings. The residential units range from two bedrooms and one bathroom units to three bedrooms and two bathroom units catering for a range of tenants. Make some time to to come and view all the opportunities with me!
Property Reference #: ELO-RS00680
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
Id Subtitle 1218800810
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Estimated monthly repaymentR 102,953
Total property loan amountR 9,500,000
Total interestR 15,208,522
Total repaymentR 24,708,522
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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