Calling all investors ! NO LOADSHEDDING !! Fully furnished !

R 5,207,000

Can I afford this?
14 days ago24 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1250
Parking:Secure Parking
Description
This is not to be missed !Welcome to Cape Dutch style of living in historical tranquil street oozing with loads of character and beauty

The property consists of two dwellings that is ideal for renting to students or as a commune. High potential income generator - Currently fully let to 11 tenants at an average of R3800 per tenant. (+-R42000)
It can also be rented out for more than R5500 per month.

House 1
6 bedrooms
1 bedroom with en-suite
2 bathrooms
Kitchen with separate laundry
Lounge

House 2
7 Bedrooms
2 bathrooms
Lounge
Kitchen with separate laundry
Communal area with Covered braai area

Flatlet
1 Bedroom
Kitchen
Bathroom
Lounge
Separate entrance

Extras
Jojo tank
Fully furnished
Solar system of 24 solar panels, 4 inverters, 4 batteries. Value R450 000.
Security cameras
Pre- paid electricity
Wi Fi

Produce own electricity with solar panels, inverters and batteries.
No loadshedding.

Property Reference #: 1247750

Agent Details:
Vanessa Steyn
Rawson Properties Faerie Glen / Waterkloof
Cnr Atterbury road and Manitoba street, Faerieglen, Shop LL04 Atterbury Boulevard, Pretoria, Faeri
Olympus and Solomon Mahlangu Drive
Faerie Glen, Gauteng

Id Subtitle 1273795332
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Estimated monthly repaymentR 56,429
Total property loan amountR 5,207,000
Total interestR 8,335,871
Total repaymentR 13,542,871
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 Faerie Glen / Waterkloof
Selling for 3+ years
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