Investment and restoration opportunity in the Karoo!

R 650,000

Can I afford this?
3 months ago267 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Parking:Garage
Description
Meet the demand for accommodation in an area where a wind farm is being established
This small Karoo cottage in Steytlerville has a big heart with lots of character! Situated on the corner of the street she embodies the memories of a bygone era and is a perfect investment opportunity for investors who would like to benefit from the demand for temporary or permanent accommodation in a region where a very big windfarm is being erected and the supply of rental accommodation is limited.
Her foundation is sound but her body needs some TLC, however, her beautiful wooden doors and floors are sealed and are good to go for another few seasons
This 4 bedroom home also meets the needs of a retired couple who would like to garden and may need extra space for a hobby or two and for whom the 2 double garages and a large underground water storage tank are hugely beneficial. The spacious yard is lined with huge well-established trees that offer privacy from the street
With a spacious open-plan kitchen that can accommodate a dining area as well, this home is perfectly poised to make memories or bring profitable returns.
There is one bathroom with a toilet, but there’s sufficient space to add two en-suite bathrooms.
The very efficient security features on all the windows and doors add to the safe environment.
What a wonderful opportunity to invest in a safe and quiet Karoo town!

Property Reference #: RNR13837

Agent Details:
Linda Henderson
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor

Id Subtitle 1257518474
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Estimated monthly repaymentR 7,045
Total property loan amountR 650,000
Total interestR 1,040,584
Total repaymentR 1,690,584
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