Investment opportunity in Tembisa

R 1,050,000

Can I afford this?
2 months ago29 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):2
Bathrooms (#):2
Parking:Garage
Description
Nestled in the heart of Tembisa lies a remarkable property brimming with potential and opportunity. Welcome to eMambiza where every corner tells a story of value and promise.
As you step onto the property you're greeted by a main house exuding warmth charm. With 2 bedrooms, a cozy lounge, dining area, and a well-equipped kitchen fitted with cupboards, This home is an inviting haven for families seeking comfort and functionality. Tastefully tiled throughout, every inch of this space speaks of quality and care. With separate bathroom and toilet facilities and windows and doors fortified with burglary protection, safety and security are paramount.
But the allure of this property doesn't stop there .Two entrances offer convenience and accessibility with one leading directly into the welcoming lounge and the other into the heart of the home-the kitchen.
Currently fully rented, this main house is not just a dwelling, it's a lucrative investment generating R5000 per month, providing a steady stream of income for its fortunate owner.
As you explore further, you'll discover an additional treasure trove-7 meticulously maintained rental rooms situated outside the main house.
Each room, adorned with negative paintwork and fortified with burglary protection on doors and windows, offers tenants a safe and comfortable living space. Fully occupied and generating an impressive R7000 per month, these rooms are, a testament to the Property's earning potential.
And let's not forget the practicality of two double garages, providing ample space for vehicles or storage, further enhancing the appeal of this exceptional property.
Whether you're an astute investor seeking lucrative opportunities or a family looking to supplement your income, This property offers the perfect blend of residential comfort and financial gain.
Don't miss out on this chance to own a slice of Tembisa's thriving real estate market-Schedule your viewing today and make your investment dreams a reality!

Property Reference #: RL14284

Agent Details:
Diamond Ngwana
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157

Id Subtitle 1262935447
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No. of years
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Estimated monthly repaymentR 11,379
Total property loan amountR 1,050,000
Total interestR 1,680,942
Total repaymentR 2,730,942
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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Choprop Sales and Letting
Selling for 3+ years
Total Ads764
Active Ads764
Professional Seller
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