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Investment opportunity!
R 995,000
Can I afford this?
17 Photo(s)
26 days ago93 views
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Parking:Covered
Description
Property Loan Calculator
Purchase price
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Deposit amount
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Interest rate
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No. of years
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RECALCULATE
Estimated monthly repaymentR 10,102
Total property loan amountR 995,000
Total interestR 1,429,367
Total repaymentR 2,424,367
Interest rate at 10.75% 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.
RECALCULATE
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Smallholding or plot with a rural feel. In residential zone. Roughly 1 ha in total. Fenced. Two thirds available as open land. Figs, cactus, citrus, peaches, pomegranates, mint, rosemary, other herbs, vegetables, pecan nuts, etc. grow well here. With time on your hands the property can be further developed into an oasis for enjoyment. Every year you will be blessed with fresh grapes, pomegranates, figs and peaches.
Property might be divided to sell as separate units. Property could also be developed as apartments to be rented out. Plenty options.
A 3-bed home over 70 years old. Very solid. Simple, clean lines viewed from outside. The house is fairly cool during summer. A zinc roof to enjoy the sound of rain. A front stoep and back stoep area. Two and a half bathrooms. A living room with fireplace. A lounge area. A work or study room at south side. Kitchen views onto back stoep.
Garden is in good condition with irrigation. It is very green in summer. Water is also available via borehole connected to a cement dam close to the residence. Large trees on property. Plenty shade and greenery for summer. Watertank on top of a garden tool storage room. Two garages alongside home, with 2 storage rooms alongside garages, one used as washing room (could be converted as separate living unit). Another 3 garages 20 meters away from home with additional work space inside, with a storage room.
Over years, plenty labour went into the property. Busy renovating the exterior. Most likely will leave the interior to be painted by the new occupants according to their preference.
Property (residential) taxes are fairly low in comparison to city. Located around the outskirts of Barkly West with an entrance at dead-end road (almost no traffic) and another entrance at main artery via land. Property is a few minutes' drive from town centre and main road (R31). The area (veld) around the property is clean.
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Private seller - stuff and all
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