INVESTMENT OPPORTUNITY - MULTI DWELLING

R 1,700,000

Can I afford this?
2 months ago33 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
DUAL MANDATE

This property is situated in the sought-after suburb of Uvongo. This is the perfect investment property and it comprises 4 units. Three of the units are already tenanted and the 4th unit has recently been renovated and will soon be tenanted adding the 4th income.

Two of the units have their own garden, therefore these two units are pet friendly. The description of each unit is as follows:

UNIT 1 - 3 Bedrooms, 2 Bathrooms (en-suite), Kitchen, Lounge and Dining Room. Private entrance and large garden with a double garage, store room and own entrance which is pet friendly.

UNIT 2 - 2 Bedrooms, 1 Bathroom, Kitchen and Lounge (upstairs unit).

UNIT 3 - 2 Bedrooms, 1 Bathroom, Kitchen and Lounge (downstairs, with their own enclosed garden which is also pet friendly.

UNIT 4 - 1 Bedroom, 1 Bathroom, Kitchen and Lounge.

Units 2 -4 share an entrance. There is ample parking and a double carport

Contact me for a viewing!

Property Reference #: PTR1111

Agent Details:
Isabel Carthew
PropertyTime
Umtentweni

Id Subtitle 1265587307
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
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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