A PROPERTY IN AN AREA WHERE BUSINESS RIGHTS ARE OBTAINABLE CURRENTLY USED FOR STUDENT ACCOMMODATION

R 2,295,000

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1 month ago108 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Parking:Covered
Description
The property situated in a walking distance to of 570 meters to Elamdre, Spar, and Mozambik Restaurant. 1km to Nelspruit CBD. The property is close to Ferreira Street.

The property is currently housing 20 University of Mpumalanga NSFAS students.

The property consists of the main house which is subdivided with dry walling to 9 bedrooms and the flatlet is subdivided to 3 bedrooms. The original house main house is a 4 bedroom, 2 bathroom, lounge, dining area, Kitchen, and laundry. The flatlet consist of a 1 bedroom, lounge, open plan lounge and kitchen.

Has Pool
Property Reference #: RL2698

Agent Details:
Bheki Mathebula
Fourz Lowveld Properties (Pty) Ltd
Office 203
29@ Marloth
29 Marloth Street
Nelspruit
1200

Id Subtitle 1270894970
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Estimated monthly repaymentR 24,872
Total property loan amountR 2,295,000
Total interestR 3,674,059
Total repaymentR 5,969,059
Interest rate at 11.75% for 20 years *
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Fourz Lowveld Properties (Pty) Ltd
Selling for 3+ years
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