Great investment opportunity

R 2,360,000

Can I afford this?
4 months ago216 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):299
Description
Calling All Savvy Investors.

Invest In this highly sought-after Location, Ideal investment with excellent returns.

This low - maintenance double-storey investment property consists of (16) Bachelor rooms. Aluminum windows, each room has its prepaid electricity meter box which is a smart addition for both the landlord and tenants, and each room has its own geyser. It has an outside concrete double wash trough and an outside toilet. The property is secured with walls, gates, and paved, the yard is neat.

This is an excellent investment opportunity, the perfect location with high demands for rental spaces, Birch Acres has seen a huge rise in rentals over the past years due to its close proximity to O R Tambo Int Airport, industrial hubs, such as Isando, Spartan, Midrand, etc.

The current rental is R40k per month,

Great location, central location, walking distance to Birch Acres Shopping Mall, transport network, taxis, Haramba (Buses), and schools.

Snap Up This Great Investment

Snap It Up Before It’s Sold!

Call now for an exclusive viewing appointment!!!!!

Rates And Taxes: 678
Property Reference #: 219

Agent Details:
Necco Mokoena
Eastrand Property Group
2 Anemoon Road, Unit 6 Villa Valencia Office Park, Glen Marais, Kempton Park, 1619

Id Subtitle 1253523238
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Estimated monthly repaymentR 25,576
Total property loan amountR 2,360,000
Total interestR 3,778,117
Total repaymentR 6,138,117
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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Eastrand Property Group
Selling for 1 year
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