Ocebisa Properties Presents A Investment Property For Sale in Ntuzuma

R 850,000

Can I afford this?
2 months ago116 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):3
Size (sqm):599
Description
This property is a investors dream come true .The property is located in Ntuzuma .The home has a main house ,that has two bedrooms,a lounge,kitchen and a bathroom .The main house has a potential to generate a income of R4000 per month .The kitchen of the main house is fully fitted .The bedrooms are spacious and offer easy moving and living space . The home has newly 8 single bedroom units that have been built outside and two toilets that can be used for share .Each bedroom unit has a potential to easily generate a rental income of R1600 and each unit has its own electrical meter .That makes the total income for the 8 units to be R12800 plus R4000 for the main house ,generating a grand total of R16800 . The home still has more land space to build more rental units .There is parking space for tenants that have vehicles .

Public transport is available in the area .Schools are close by and so are stores .For a private viewing call Nzuzo Dludla .

Rates And Taxes: 328
Property Reference #: 709

Agent Details:
Nzuzo Dludla
Ocebisa Properties
2 Ncondo Place, Spaces Building, Umhlanga Ridge, 4319

Id Subtitle 1273505358
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Estimated monthly repaymentR 9,212
Total property loan amountR 850,000
Total interestR 1,360,763
Total repaymentR 2,210,763
Interest rate at 11.75% for 20 years *
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Ocebisa Properties
Selling for 2+ years
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