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Income-Generating Freestanding Property for Sale in Manaba
R 1,350,000
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2 months ago56 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Discover the potential of this expansive freestanding property nestled in the heart of Manaba, offering an impressive 10% return on investmentâ??an excellent opportunity for discerning investors.
This versatile property consists of a large house that has been cleverly subdivided into two separate residences, each comprising two bedrooms with bathrooms, providing flexibility and multiple income streams.
The main house exudes charm and character, featuring a cozy kitchen, a welcoming lounge, a dining area, and a sun lounge that doubles as a study, highlighting the spaciousness and functionality of the layout. With two bedrooms and two bathrooms, it offers comfortable living quarters for residents.
The subdivided house mirrors the main house's layout, boasting two bedrooms and ample living space, ensuring privacy and comfort for occupants. A sprawling yard and garage complete the exterior, offering additional convenience and storage options.
Adding to the property's appeal are two additional flatlets and a wendy house, further enhancing its income-generating potential and versatility.
With its generous proportions and potential for rental income, this property presents a compelling investment opportunity in a sought-after location. Viewing is essential to fully appreciate the scope and possibilities that this property has to offer.
Don't miss out on the chance to explore this remarkable property firsthandâ??schedule a viewing today and unlock its full potential.
Contact us now to arrange a viewing and take the first step towards securing this lucrative investment opportunity.
Property Reference #: PTR1065
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
This versatile property consists of a large house that has been cleverly subdivided into two separate residences, each comprising two bedrooms with bathrooms, providing flexibility and multiple income streams.
The main house exudes charm and character, featuring a cozy kitchen, a welcoming lounge, a dining area, and a sun lounge that doubles as a study, highlighting the spaciousness and functionality of the layout. With two bedrooms and two bathrooms, it offers comfortable living quarters for residents.
The subdivided house mirrors the main house's layout, boasting two bedrooms and ample living space, ensuring privacy and comfort for occupants. A sprawling yard and garage complete the exterior, offering additional convenience and storage options.
Adding to the property's appeal are two additional flatlets and a wendy house, further enhancing its income-generating potential and versatility.
With its generous proportions and potential for rental income, this property presents a compelling investment opportunity in a sought-after location. Viewing is essential to fully appreciate the scope and possibilities that this property has to offer.
Don't miss out on the chance to explore this remarkable property firsthandâ??schedule a viewing today and unlock its full potential.
Contact us now to arrange a viewing and take the first step towards securing this lucrative investment opportunity.
Property Reference #: PTR1065
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
Id Subtitle 1263174068
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Estimated monthly repaymentR 14,631
Total property loan amountR 1,350,000
Total interestR 2,161,211
Total repaymentR 3,511,211
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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Selling for 3+ years
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