Great Investment with Income of R5,000 per Month

R 435,000

Can I afford this?
2 months ago48 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):1
Bathrooms (#):1
Description
Easy to find a tenant if buying for an investment.

1-bedroom townhouse offering a lounge, dining room, and a fully fitted kitchen.

Your own patio, both at the front and back of the property, providing ample personal space for relaxation and entertainment!!

Only 12 Units in the Block!

The bathroom features a bathtub, toilet, basin, and a shower. The property is generating an income of R5,000 per month with tenants already in place on a year lease, making it an excellent investment opportunity!!

This makes it particularly appealing for first-time buyers.

Located within walking distance to Knowles Spar, this townhouse offers easy access to amenities such as schools, places of worship, restaurants, and much more.

Don't miss out on this cute and cozy townhouse offering both comfort and potential for a great return on investment!

Property Reference #: 11219

Agent Details:
Nerry Pillay
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban

Id Subtitle 1262927583
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Estimated monthly repaymentR 4,715
Total property loan amountR 435,000
Total interestR 696,391
Total repaymentR 1,131,391
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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Selling for 12+ months
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