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5 Bedroom house in Nelspruit Ext 5 For Sale
R 2,850,000
Can I afford this?
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28 days ago41 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):1950
Description
Investor Opportunity: Residential Property with Established Kindergarten
Overview: An enticing investment opportunity awaits in this residential property, currently operating as a thriving kindergarten. Situated in a popular
neighborhood, this property boasts a main house and a flat, both ingeniously utilized as classrooms. With a sizable yard, it offers ample space for outdoor
activities and expansion. Generating impressive monthly income, this turnkey investment promises both immediate returns and long-term potential.
Key Features:
1. Established Kindergarten: The property is currently operating as a successful kindergarten, presenting a ready-made income stream for investors. Benefit from the existing clientele and reputation, ensuring a
smooth transition and continued profitability.
2. Main House and Flat Conversion: The main house and flat have been cleverly repurposed into classrooms, maximizing the utility of the space.
3. Spacious Yard: A generous yard accompanies the property, providing a safe and enjoyable outdoor space for children. With room for play areas, gardens, or future expansion, the yard adds versatility and value to the investment.
4. Prime Location: Nestled in a sought-after neighborhood, the property enjoys proximity to amenities, schools, and transport links. Its desirable
location enhances its appeal to families seeking quality education for
their children, ensuring consistent demand for kindergarten services.
Investment Potential:
1. Stable Income: Benefit from the reliable monthly income generated by the kindergarten, offering a steady return on investment from day one.
2. Expansion Opportunities: Explore the potential for expanding the kindergarten or diversifying its offerings to further capitalize on the
properties assets and meet growing demand.
3. Long-Term Growth: As a property in a popular neighborhood, its value is likely to appreciate over time, providing additional capital gains for savvy investors.
Call to arrange your private viewing now!
Rates And Taxes: 1400
Has Pool
Property Reference #: ENT0247212
Agent Details:
Vina Schutte
KW Pr1me
64 Glenwood Road, Lynnwood Glen, Pretoria, Gauteng, 0081
Overview: An enticing investment opportunity awaits in this residential property, currently operating as a thriving kindergarten. Situated in a popular
neighborhood, this property boasts a main house and a flat, both ingeniously utilized as classrooms. With a sizable yard, it offers ample space for outdoor
activities and expansion. Generating impressive monthly income, this turnkey investment promises both immediate returns and long-term potential.
Key Features:
1. Established Kindergarten: The property is currently operating as a successful kindergarten, presenting a ready-made income stream for investors. Benefit from the existing clientele and reputation, ensuring a
smooth transition and continued profitability.
2. Main House and Flat Conversion: The main house and flat have been cleverly repurposed into classrooms, maximizing the utility of the space.
3. Spacious Yard: A generous yard accompanies the property, providing a safe and enjoyable outdoor space for children. With room for play areas, gardens, or future expansion, the yard adds versatility and value to the investment.
4. Prime Location: Nestled in a sought-after neighborhood, the property enjoys proximity to amenities, schools, and transport links. Its desirable
location enhances its appeal to families seeking quality education for
their children, ensuring consistent demand for kindergarten services.
Investment Potential:
1. Stable Income: Benefit from the reliable monthly income generated by the kindergarten, offering a steady return on investment from day one.
2. Expansion Opportunities: Explore the potential for expanding the kindergarten or diversifying its offerings to further capitalize on the
properties assets and meet growing demand.
3. Long-Term Growth: As a property in a popular neighborhood, its value is likely to appreciate over time, providing additional capital gains for savvy investors.
Call to arrange your private viewing now!
Rates And Taxes: 1400
Has Pool
Property Reference #: ENT0247212
Agent Details:
Vina Schutte
KW Pr1me
64 Glenwood Road, Lynnwood Glen, Pretoria, Gauteng, 0081
Id Subtitle 1279040773
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Estimated monthly repaymentR 30,886
Total property loan amountR 2,850,000
Total interestR 4,562,557
Total repaymentR 7,412,557
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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KW Pr1me
Selling for 1 year
Total Ads1.09K
Active Ads1.09K
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