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A fixer-upper that can be turned into a generating income property!!!!
R 590,000
Can I afford this?
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3 months ago117 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):1
Size (sqm):280
Parking:Secure Parking
Description
***OWNER WILL CONSIDER REASONABLE OFFERS***
Welcome to the quieter and safer area of Inanda. The property is located next to all essential amenities. It's a walking distance to a shopping centre, primary and secondary schools, police station, and clinic. This property is next door to everything. The property will come with a tenant that is currently paying R3 500 which can assist in paying off the bond.
The property has two flatlets, a flatlet attached to the main house and a free-standing flatlet that has 2 bedrooms, a kitchen, a bathroom, a guest toilet, and a lounge. In addition, the property includes two attached units which are currently used as toilets. The two attached units can be turned into an additional flatlet. The architectural design of the main building and the flatlets can be used to design rental units which can generate a massive income.
The main building has 4 bedrooms, 1 lounge, 1 bathroom, and 1 kitchen.
The property is suitable for those who have bigger families and property investors.
Arrange a viewing now with Sthembiso Buthelezi.
Property Reference #: 1234364
Agent Details:
Sthembiso Buthelezi
Rawson Properties Umhlanga
16, Chartwell Drive, Shop 211 Granada Square, Umhlanga, Umhlanga Central, Kwazulu Natal
Chartwell Drive, Umhlanga Rocks
Kwazulu Natal
Welcome to the quieter and safer area of Inanda. The property is located next to all essential amenities. It's a walking distance to a shopping centre, primary and secondary schools, police station, and clinic. This property is next door to everything. The property will come with a tenant that is currently paying R3 500 which can assist in paying off the bond.
The property has two flatlets, a flatlet attached to the main house and a free-standing flatlet that has 2 bedrooms, a kitchen, a bathroom, a guest toilet, and a lounge. In addition, the property includes two attached units which are currently used as toilets. The two attached units can be turned into an additional flatlet. The architectural design of the main building and the flatlets can be used to design rental units which can generate a massive income.
The main building has 4 bedrooms, 1 lounge, 1 bathroom, and 1 kitchen.
The property is suitable for those who have bigger families and property investors.
Arrange a viewing now with Sthembiso Buthelezi.
Property Reference #: 1234364
Agent Details:
Sthembiso Buthelezi
Rawson Properties Umhlanga
16, Chartwell Drive, Shop 211 Granada Square, Umhlanga, Umhlanga Central, Kwazulu Natal
Chartwell Drive, Umhlanga Rocks
Kwazulu Natal
Id Subtitle 1261918413
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No. of years
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Estimated monthly repaymentR 6,394
Total property loan amountR 590,000
Total interestR 944,530
Total repaymentR 1,534,530
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 Ads702
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