Uvongo! Fix me upper Investment opportunity

R 1,300,000

Can I afford this?
13 days ago44 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Parking:Garage
Description
Attention all builders and entrepreneurs! Presenting a remarkable opportunity in the vibrant neighbourhood of Uvongo, situated on the picturesque Natal South Coast. This property holds the promise of transforming into a lucrative seven-bedroom income-generating asset.


Comprising three spacious bedrooms, a generously sized dining area, kitchen, a bathroom, a lounge, and an expansive enclosed veranda, this property offers ample living space. Additionally, two flats boasting two bedrooms each, along with a three-car garage and electronic gate, enhance its appeal and potential.


While this property requires a restoration effort to regain its former grandeur, the investment is bound to yield significant returns. If you're seeking a renovation project with immense potential, look no further – this is the one!


Conveniently located near shops, malls, medical facilities, and golf courses, this home offers a lifestyle of ease and accessibility. Don't miss out on this exceptional opportunity to re-imagine and revitalize this property into a thriving income source.

Property Reference #: 7002001-48377

Agent Details:
Lizette Venter
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274176056
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Estimated monthly repaymentR 14,089
Total property loan amountR 1,300,000
Total interestR 2,081,167
Total repaymentR 3,381,167
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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