Prime Investment Opportunity!

R 1,500,000

Can I afford this?
2 months ago60 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Parking:Garage
Description
Discover the potential of this property, strategically divided into 3 flats, each offering lucrative rental income, totaling R15,000 per month. Nestled in a tranquil area of town, this expansive property also presents opportunities for future expansion, making it an ideal investment prospect.
The spacious back yard not only enhances the property's value but also provides ample space for potential development. Additionally, there are 3 dedicated carports, ensuring convenience for each tenant.
Let's delve into the details of each flat:
- Flat No. 1: Featuring 2 bedrooms, 1 bathroom, and an open-plan living area and kitchen, this unit offers comfortable living. A private courtyard with a small garden adds a touch of serenity, making it pet-friendly.
- Flat No. 2: Boasting 1 bedroom, 1 bathroom, and an open-plan living area and kitchen, this unit mirrors the comfort of its counterpart. Similarly, it includes a private courtyard with a small garden, catering to pet owners.
- Flat No. 3: This unit comprises 1 bedroom, 1 bathroom, a small kitchen, and a living area, ideal for individuals seeking cozy accommodation.
Don't miss out on this golden opportunity! Call today to schedule a viewing and unlock the potential of this lucrative investment.

Property Reference #: BRL36

Agent Details:
Corné Scholtz
Bold Real Estate
Nadene 4
106 Van Heerden Street
Mokopane
0601

Id Subtitle 1266328174
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
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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Bold Real Estate
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