4 Self-Contained Apartments - Rental Investment Opportunity

R 2,450,000

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1 month ago71 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
A free standing self contained 2 bedroom with a walled garden, gated driveway and undercover park views. There are two 2 bedroom flats with own garden, lounge, kitchen and bathrooms and separate carports.

A 3 bedroom flat with a lounge, fitted kitchen and study. Also has its own garden and carport.

All 4 units have separate prepaid electricity metres. Rental income in excess of R22 000 per month and all units are currently leased.

Property Reference #: 6407511

Agent Details:
Koen Gouweloos
Natal Property Consultants
Property House
78 Commercial Road (78 Chief Albert Luthuli Road)
Pietermaritzburg
3201

Id Subtitle 1269760206
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Estimated monthly repaymentR 26,551
Total property loan amountR 2,450,000
Total interestR 3,922,198
Total repaymentR 6,372,198
Interest rate at 11.75% for 20 years *
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Natal Property Consultants
Selling for 6+ years
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