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9 Bedroom House For Sale in Terenure
R 2,500,000
Can I afford this?13 Photo(s)
6 months ago252 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
This investment property in Terenure offers a unique opportunity with its generous land size of 1895 square meters. The property consists of three houses, each featuring two bedrooms and bathrooms, with separate entrances, parking spaces, and fully equipped kitchens. This layout offers privacy and convenience for each household.
In addition to the houses, there are three one-bedroom flatlets on the property. These flatlets are self-contained, with their own kitchens, bathrooms, and sitting areas. This configuration is ideal for individuals or small families seeking independent living spaces.
One notable feature of this property is its consistent rental income generation, totaling R32,000. This consistent cash flow is attractive to investors, providing a steady return on investment.
Furthermore, the presence of a borehole on the property is a valuable asset, ensuring a reliable and cost-effective water supply.
Lastly, the property's location in an enclosed security-controlled area adds an extra layer of safety and peace of mind for both residents and investors. This feature is particularly appealing for those who prioritize security.
In summary, this investment property offers a substantial land size, multiple housing units with private amenities, a reliable rental income stream, a borehole, and enhanced security measures. It presents a compelling opportunity for investors looking to diversify their portfolio in a promising real estate market.
Property Reference #: LFKP-2311
Agent Details:
Mmamosa Sikhakhane
Leapfrog Property Group
4 Vlei Street,
Shop 14 Goodies for Gardens
Glen Marais
Kempton Park
1619
In addition to the houses, there are three one-bedroom flatlets on the property. These flatlets are self-contained, with their own kitchens, bathrooms, and sitting areas. This configuration is ideal for individuals or small families seeking independent living spaces.
One notable feature of this property is its consistent rental income generation, totaling R32,000. This consistent cash flow is attractive to investors, providing a steady return on investment.
Furthermore, the presence of a borehole on the property is a valuable asset, ensuring a reliable and cost-effective water supply.
Lastly, the property's location in an enclosed security-controlled area adds an extra layer of safety and peace of mind for both residents and investors. This feature is particularly appealing for those who prioritize security.
In summary, this investment property offers a substantial land size, multiple housing units with private amenities, a reliable rental income stream, a borehole, and enhanced security measures. It presents a compelling opportunity for investors looking to diversify their portfolio in a promising real estate market.
Property Reference #: LFKP-2311
Agent Details:
Mmamosa Sikhakhane
Leapfrog Property Group
4 Vlei Street,
Shop 14 Goodies for Gardens
Glen Marais
Kempton Park
1619
Id Subtitle 1241075937
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
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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Leapfrog Property Group
Selling for 2+ years
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