Huge investment opportunity in Middelburg central town area

R 2,950,000

Can I afford this?
2 months ago56 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Size (sqm):2772
Parking:Garage
Description
Property investment opportunity!

Situated within walking distance from the central business area.

This house is on a huge stand with the possibility of easily adding another two townhouses.
The second option is that the house can be subdivided into 3 separate flats with a minimum cost implication. There is enough parking space for several vehicles. The garage can also be diverted into another flat to add more rental opportunities.

The big bonus is a 7-kw solar battery system with an automatic switch over for backup for those loadshedding periods.

The house includes 4 carports, one garage and another carport on the opposite side of the house for another 3 cars.
Additionally, there is a borehole on the property, camera system, alarm and outside beams.

This property is one of a kind and is a rare find.
Don't miss this unique investment opportunity.

Please call me to arrange a viewing.

# Parking: 1
Rates And Taxes: 2500
Property Reference #: 444

Agent Details:
Chris Van Deventer
Invest Wise Properties
Middelburg, Mpumalanga, 1055

Id Subtitle 1263571336
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Estimated monthly repaymentR 31,970
Total property loan amountR 2,950,000
Total interestR 4,722,647
Total repaymentR 7,672,647
Interest rate at 11.75% for 20 years *
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Invest Wise Properties
Selling for 5+ months
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