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Prime Investment Opportunity
R 1,150,000
Can I afford this?
14 Photo(s)
2 months ago52 views
General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):222
Description
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Purchase price
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No. of years
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Estimated monthly repaymentR 12,463
Total property loan amountR 1,150,000
Total interestR 1,841,032
Total repaymentR 2,991,032
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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Investor’s Dream Home – Unlock the Full Potential!This is the perfect opportunity for savvy investors or homebuyers with a vision. A spacious 6-bedroom, 2-bathroom home, ready to be transformed into a true masterpiece with just a little TLC. Set in a highly desirable area, this property offers exceptional potential for rental income or long-term capital growth.The home features 6 generously sized bedrooms, providing ample space for large families or the opportunity to create multi-use rooms. The 2 bathrooms offer convenience for everyday living, while the expansive lounge area invites a comfortable and open living experience. The fully fitted kitchen is functional and provides the ideal space for upgrades to suit your style.Outside, the massive backyard is an entertainers dream, offering plenty of room for outdoor living, potential expansion, or even a garden retreat. With its large garage that can accommodate 3 cars, parking will never be an issue.Subdivide Potential: This property also offers incredible investment upside—perfect for those looking to capitalize on its ability to be subdivided for rental properties. Whether youre looking to develop multiple rental units or simply enhance the property for higher resale value, the possibilities are endless.This home is an absolute gem waiting to be polished. Whether you’re looking to create your dream home or expand your property portfolio, this is an opportunity you won’t want to miss. Schedule a viewing today and start imagining the future of this fantastic investment!Property Reference #: 1299213Agent Details:Yaveesha SinghRawson Properties Verulam31, Russom Street, Verulam, Verulam Central, Kwazulu Natal
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Rawson Properties Verulam
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Investor’s Dream – Two Full Structures on One PropertyThis exceptional property presents an incredible opportunity for investors or those seeking a multi-functional living space. Featuring two full structures, it offers both comfortable living and excellent income potential.The main house is a two-bedroom duplex, with a spacious lounge and dining area that provides the perfect setting for relaxation and entertainment. The neat and well-maintained kitchen ensures convenience, while the two generously sized bedrooms each feature walk-in closets, offering ample storage space.Adding even more value to this property, the second structure consists of two fully self-contained units. These versatile spaces can serve as an extension of the main house, accommodating extended family or guests, or they can function as a separate income generator. Whether used for additional rental income or as private living quarters, this second structure enhances the propertys appeal.Furthermore, the property offers drive-in access to the back, ensuring plenty of parking space for residents and visitors alike. With its unique combination of practicality, comfort, and income potential, this property is a rare find in the market. Don’t miss this fantastic investment opportunity—schedule a viewing today!Property Reference #: 1289041Agent Details:Nashentha NairRawson Properties Umhlanga16, Chartwell Drive, Shop 211 Granada Square, Umhlanga, Umhlanga Central, Kwazulu NatalChartwell Drive, Umhlanga RocksKwazulu Natal
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Rawson Properties Umhlanga
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