Calling Property Investors - Apartment Block In Sunnydale

R 3,795,000

Can I afford this?
2 years ago400 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):650
Parking:None
Description
Take advantage of this awesome investment. A newly renovated block of flats situated in the vibrant suburb of Sunnydale Eshowe.

On offer, an 880 square meter property consisting on 10 units in total:
7 X 1 bedroom, bathroom, lounge and kitchen
3 X 2 bedrooms, bathroom, lounge and kitchen
Rental income of approximately R 31 000,00 per month
All units are currently LET, purchase and take over this amazing offer with an immediate income immediately on registration.
Excellent locations with close proximity to Sunnydale High School

Property Reference #: RL86534

Agent Details:
Romona Reddy
Jawitz Properties
7 Osborn Road
Adams Building
Eshowe
3815

Id Subtitle 1074116485
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Estimated monthly repaymentR 41,127
Total property loan amountR 3,795,000
Total interestR 6,075,404
Total repaymentR 9,870,404
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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Jawitz Properties
Selling for 5+ years
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