CALLING ALL INVESTORS! IDEAL UPMARKET STUDENT RESIDENCE

R 2,500,000

Can I afford this?
14 days ago15 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Parking:Covered
Description
This perfectly situated corner plot premises has 12 rooms / 13 tenants (1 sharing room with 2 tenants) 3 bathrooms. Spacious kitchen and Living area, laundry and outside patio, braai area in the enclosed garden area.
Fantastic return and income on this property. Currently the property generates an income of:
4 Rooms @ R3000pm = R12 000
6 Rooms @ R1950pm = R11 700
1 Room @ R1600pm = R 1 600
1 Room with 2 sharing = R 1 600

TOTAL INCOME: R 26 900
Don't miss out on this great business opportunity call Jenny or Morne now to arrange your viewing.

Industry protocol will apply to all viewings of this property. Every effort has been made to ensure the content of this advert is correct, however no responsibility will be borne for any errors or omissions it may contain.

Property Reference #: 6147999

Agent Details:
Jenny Venter
3 Percent Com Properties (PTY) Ltd
81 Erusmas Drive
Summerstrand
Port Elizabeth
6001

Id Subtitle 1278452811
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Estimated monthly repaymentR 27,093
Total property loan amountR 2,500,000
Total interestR 4,002,243
Total repaymentR 6,502,243
Interest rate at 11.75% for 20 years *
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3 Percent Com Properties (PTY) Ltd
Selling for 2+ years
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