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Prime Investment Opportunity
R 1,450,000
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1 month ago34 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:None
Description
Discover a smart investment opportunity in Ivory Park with this impressive double-storey block of apartments. Consisting of 20 units, each equipped with individual prepaid electricity meters, this property guarantees a steady monthly rental income of R24,000. The well-maintained apartments feature 4 toilets and 2 showers, offering modern comfort to tenants. Positioned near the Ivory Park Police Station, residents benefit from enhanced security. Take advantage of convenient access to public transport and nearby schools, making this property a strategic and attractive investment in a thriving neighborhood.
Property Reference #: RL708
Agent Details:
Bongani Mhlongo
Abakhi Properties
201A Monument Rd
Glen Marais
Kempton Park
1619
Property Reference #: RL708
Agent Details:
Bongani Mhlongo
Abakhi Properties
201A Monument Rd
Glen Marais
Kempton Park
1619
Id Subtitle 1266792376
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Estimated monthly repaymentR 15,714
Total property loan amountR 1,450,000
Total interestR 2,321,301
Total repaymentR 3,771,301
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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Abakhi Properties
Selling for 1 year
Total Ads95
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