FAMILY HOME WITH TWO INCOME GENERATING APARTMENTS

R 2,100,000

Can I afford this?
3 months ago139 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):496
Description
This is a property that offers you a family home as well as two income-generating apartments. Both apartments have their own meters, and the current rental income is R12 000 per month.

The family home consists of a lounge, an indoor braai, as well as three bedrooms with built-in cupboards, the main bedroom with an ensuite, and a modern kitchen with ample cupboard space and connections for your appliances. The family bathroom is neatly tiled.

Parking is safe and secure in an undercover parking bay that can easily provide parking for up to three cars.


Family Home:
3 Bedrooms with BIC
Main bedroom with ensuite
Lounge
Indoor braai
Kitchen
Family bathroom

Apartment 1:
1x Bedroom
Lounge
Kitchen
Bathroom

Apartment 2:
1x Bedroom
Lounge
Kitchen
Bathroom

Extras:
Burglar bars
Undercover parking (3x cars)
Garden
Paving

Rates And Taxes: 685
Property Reference #: 1616

Agent Details:
John Thompson
John Thompson Properties
Office 5 Parow North Shopping Centre Parow North ME Rotman str 17
Cape Town

Id Subtitle 1258592293
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Estimated monthly repaymentR 22,758
Total property loan amountR 2,100,000
Total interestR 3,361,884
Total repaymentR 5,461,884
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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John Thompson Properties
Selling for 4+ years
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