House For Sale in Germiston

R 1,150,000

Can I afford this?
1 month ago50 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):991
Description
 Welcome to Your Spacious Freehold Property with Rental Income Potential! 

Situated on a generous 991 square meters of land, this freehold property offers an excellent opportunity for homeowners and investors alike. With a prime location near all amenities, including The Reef Shopping Mall, schools, medical and dental centers, and convenient access to the N3 & N17 highways, this property is perfectly positioned for convenience and opportunity.

Upon entering the property, you are greeted by a well-appointed kitchen, complete with a scullery, offering ample space for culinary delights and everyday meal preparation. The kitchen flows seamlessly into the living room and TV room, providing a comfortable and inviting space for relaxation and entertainment.

This home boasts three spacious bedrooms, ensuring plenty of room for the whole family. Additionally, the main bathroom and guest bathroom provide convenience and functionality for everyday living. With a layout designed for both comfort and practicality, this property is poised to meet your every need.

But the appeal doesn't stop there. This property also includes six cottage units, adding an exciting income-generating opportunity for the savvy investor. Currently, the cottages are generating a total rental income of R13000, making this property a compelling investment prospect with immediate returns.

Whether you are seeking a comfortable family home or an investment with income potential, this property encompasses it all.

For those interested in scheduling a viewing appointment, please don't hesitate to contact Simon. This property is sure to captivate your imagination and fulfill your aspirations for a home that offers both comfort and financial opportunity.

Contact Simon today and make this exceptional property the next step on your real estate journey.

Rates And Taxes: 1508
Property Reference #: C00001

Agent Details:
Simon Dlamini
Moonsimka Real Estate
13 Grace Avenue

Id Subtitle 1271589505
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Estimated monthly repaymentR 12,463
Total property loan amountR 1,150,000
Total interestR 1,841,032
Total repaymentR 2,991,032
Interest rate at 11.75% for 20 years *
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