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**Dual-Property Investment Opportunity with Rental Income**

R 850,000

Can I afford this?
8 months ago264 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):2018
Parking:Garage
Description
Are you ready to embark on a home makeover project that promises both charm and substantial returns? This unique property, brimming with potential and awaiting a touch of TLC, presents an incredible investment opportunity. Situated on a single plot, the property comprises two distinct homes that collectively generate a rental income of R9000 per month. Whether you're an investor seeking to expand your portfolio or a homeowner looking to benefit from additional income, this versatile asset is a must-see.

The first property is a spacious and inviting four-bedroom home, thoughtfully designed with family comfort in mind. Featuring a single garage, it provides ample storage and parking space for convenience. Currently tenanted, this house offers immediate rental income to the new owner, ensuring a hassle-free investment from day one.

Adjacent to the main house is a delightful two-bedroom home that carries historical significance. While it requires some tender loving care to reach its full potential, this property represents an exciting opportunity to craft a unique living space or rental unit. Its status as a historical building adds an element of character and charm, appealing particularly to those interested in preserving heritage properties.

This dual-property setup is perfectly suited for investors aiming to enhance their portfolio or homeowners seeking supplementary income. Don't miss this exceptional opportunity to own a piece of history with significant earning potential. The main house is a prefabricated home.

Call today to transform this exceptional property into your own and capitalize on its promising investment potential.

# Parking: 2
Has Garden
Property Reference #: 2374763

Agent Details:
Erica Moir
@ Home Property Group SA (PTY) LTD
06 Norton street
Fichardtpark
Bloemfontein
9301

Id Subtitle 1319369669
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Estimated monthly repaymentR 8,630
Total property loan amountR 850,000
Total interestR 1,221,068
Total repaymentR 2,071,068
Interest rate at 10.75% for 20 years *
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Home Property Group SA (PTY) LTD
Selling for 3+ years
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