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
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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Property Loan Calculator
Purchase price
Deposit amount
Interest rate
No. of years
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 *
* 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.
Ocebisa Properties
Selling for 2+ years
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