Amazing Investment Opportunity to Maximize Your Rental Income

R 4,599,000

Can I afford this?
13 days ago21 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):496
Parking:Secure Parking
Description
Exceptional investment opportunity to bring amazing rental income. This property combines both commercial and residential functionalities, where you can earn the maximum rental income with multiple zones and units.

The property is conveniently located close to highways and main roads connecting various business districts and major suburbs.

The double-storey building is consisted of a few areas, with their own access. Each separate area has a prepaid electricity meter.

The 140 sqm ground floor area can be utilized as a commercial unit, or a spacious family home.

The size of the first floor is about 150 sqm, which is equally flexible and versatile for your future plans. The area can be divided into separate beachelor flats, or one to two bedroom apartments. All apartments have individual prepaid electricity meters.

Situated in the heart of Goodwood, the versatility and potential of this property can certainly maximize your investment.

Property Reference #: 1252307

Agent Details:
Kevin Liu
Rawson Properties Green Point
179, Beach Road, Shop 3, Bay Point, Cape Town, Green Point, Western Cape
Cape Town, Green Point, Western Cape

Id Subtitle 1278703164
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Estimated monthly repaymentR 49,840
Total property loan amountR 4,599,000
Total interestR 7,362,526
Total repaymentR 11,961,526
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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Rawson Properties Green Point
Selling for 3+ years
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