Time To Move Onto Marine Drive As A Landlord?

R 1,897,000

Can I afford this?
2 months ago190 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):929
Parking:Garage
Description
Welcome home on Marine Drive, Ocean View to a 5-bedroom that offers privacy and comfort and which could easily be used as 3 separate dwellings for a passive income and that is excluding the 2 log cabins that are rented on a daily basis.
• The top two floors are 2 x 2 bed units with an interleading concealed stairway behind the bookcase (interesting feature) allowing this to be a 4 bed home when linked together.
• The ground floor consists of a bachelor unit that overlooks the pool and entertainment area.
• All units have their own private access.
• Enough ground to be developed further if needed as there are two entrances, one from Marine Dr and the other from Blackpool Rd
• Alter as you need from being a 5 bed home to being a property that has multiple dwellings. You decide as your needs change.
Make that move now and call me to arrange your personal viewing

Property Reference #: 1237893

Agent Details:
Dirk Willemse
Rawson Properties Durban Bluff
228, Marine Drive, Durban, Bluff, Kwazulu Natal

Id Subtitle 1263345274
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Estimated monthly repaymentR 20,558
Total property loan amountR 1,897,000
Total interestR 3,036,902
Total repaymentR 4,933,902
Interest rate at 11.75% for 20 years *
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Rawson Properties Durban Bluff
Selling for 3+ years
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