Calling all Investors and Future landlords

R 3,350,000

Can I afford this?
22 days ago29 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):446
Parking:Garage
Description
Welcome to this beautiful home situated in the heart of a quiet yet easy accessible pocket of Belthorn Estate.
This property not only has potential for a massive rental income but is also in a neat move in ready condition.

The property comprises of 4 separate dwellings each with their own water and electrical supply.

Main House:
- 3 beds with BIC
- Kitchen with BIC
- Lounge and dinning room
- 1 bathroom with shower
- 1 single toilet
- 2 car garage

Rental income: R11 500


Flatlet #1
-1 Large bedroom
- Open plan lounge and kitchen
- 1 bathroom

Rental income: R4 500

Flatlet #2
- Large bedroom
- Joined lounge and kitchen
- 1 bathroom with shower

Rental income: R5500

Flatlet #3
- 1 bedroom
- 1 ensuite
- Kitchenette
- Small lounge area

Rental income: R 4 000

Total rental income: R25 5000

To ensure that you do not miss out on this amazing opportunity to be in a safe neighborhood close to major schools, malls and travel routes, please do not hesitate to give me a call and arrange a viewing.

Property Reference #: 1246650

Agent Details:
Wafiekah Isaacs
Rawson Properties Constantia
Block A, 1st Floor, Cnr. Timour Hall Road & Gabriel Road, Plum Park, Unit 2, Cape Town, Plumstead
Cnr. Timour Hall Road & Gabriel Road
Plumstead, Western Cape

Id Subtitle 1273061777
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Estimated monthly repaymentR 36,305
Total property loan amountR 3,350,000
Total interestR 5,363,005
Total repaymentR 8,713,005
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 Constantia
Selling for 3+ years
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