UNCOVER UNTAPPED POTENTIAL WITH A HUGE INVESTMENT OPPORTUNITY!!

R 2,500,000

Can I afford this?
1 month ago35 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):990
Description
Looking for a diamond in the rough? This is your chance to seize a colossal investment opportunity in the heart of Kraaifontein. With 9 neglected yet promising 2-bedroom apartments awaiting transformation, this property presents a lucrative venture for seasoned investors and visionary developers alike. Your investment journey has been streamlined with the sectional title conversion already approved. With this essential groundwork completed it paves the way for a seamless transition into individual units for sale or rental. These apartments may be run-down, but they offer a blank canvas brimming with possibilities. With a touch of creativity and strategic planning, transform these units into sought-after residences that cater to the needs and desires of modern tenants or homeowners
Strategically situated, this property holds immense value in terms of accessibility, you'll enjoy easy access to local amenities, schools, parks, and shopping centres. Commuting is a breeze with convenient transportation routes just a stone's throw away.
Don't let this opportunity slip through your fingers. Take the first step towards a prosperous investment venture by scheduling a viewing today

Property Reference #: 1244236

Agent Details:
Kevin Lavelot
Rawson Properties Brackenfell / Kraaifontein
63, Protea Road, Brackenfell, Protea Heights, Western Cape

Id Subtitle 1269546274
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
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.
RECALCULATE
Rawson Properties Brackenfell / Kraaifontein
Selling for 3+ years
Total Ads138
Active Ads138
Professional Seller
Seller stats
138Total Ads
278.63KTotal Views
Contact Rawson Properties Brackenfell / Kraaifontein
078*******Show Number
Message
(3983)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.