BUSINESS OPPORTUNITY IN ZWIDE

R 680,000

Can I afford this?
12 days ago59 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):1
Size (sqm):200
Parking:Garage
Description
This property in the heart of Zwide offers a great opportunity to build your wealth.  A large part of the property has been converted to a gym with a healthy number of members.  The monthly income from the gym is approximately R8000.  The house was also converted to accommodate one bedroom with kitchen, lounge, kitchen and bathroom.  There are also 6 rooms (flats) fully rented out to tenants at an average price of R700 per room.  The owner resides in the house and that can also be rented out   for R1500 p/m.  The total income for this property would be around R14 000 per month, which is a good investment.

Property Reference #: 7002001-52536

Agent Details:
Danie van Rensburg
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274169280
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No. of years
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Estimated monthly repaymentR 7,370
Total property loan amountR 680,000
Total interestR 1,088,610
Total repaymentR 1,768,610
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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