CALLING ALL INVESTORS!!!!

R 29,000,000

Can I afford this?
2 months ago15 views
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General Details
For Sale By:Agency
Dwelling Type:Townhouse-villa
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):4783
Parking:Garage
Description
A 14 unit complex has just come available in the Mount Edgecombe area. This prime location can get you a very handsome monthly rental amount or simply subdivide and sell the units individually. This is the retirement investment you were looking for.

Property in Detail:

12 Units have the following:

3 Bedrooms
3 Bathrooms
Kitchen
Lounge
Dinning Area
Guest Loo
Balcony
3 Garages
3 Parkings
Visitors Parking

2 Units have the following:

3 Bedrooms
3 Bathrooms
Kitchen
Lounge
Dinning Area
Guest Loo
Balcony
2 Garages
2 Parkings
Visitors Parking

Property Reference #: 1228731

Agent Details:
Dolly Naidoo
Rawson Properties Umhlanga
16, Chartwell Drive, Shop 211 Granada Square, Umhlanga, Umhlanga Central, Kwazulu Natal
Chartwell Drive, Umhlanga Rocks
Kwazulu Natal

Id Subtitle 1261915752
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No. of years
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Estimated monthly repaymentR 314,276
Total property loan amountR 29,000,000
Total interestR 46,426,012
Total repaymentR 75,426,012
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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Rawson Properties Umhlanga
Selling for 3+ years
Total Ads735
Active Ads735
Professional Seller
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