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Investment Opportunity Awaits in Richmond Hill
R 2,495,000
Can I afford this?
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22 days ago33 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):535
Parking:Street
Video
Description
There are two properties and four flat-lets on one erf, to be sold as an investment.
The main house of 7 Callington Street consists of 3 bedrooms with built in cupboards. One en-suite bathroom with a shower, basin and loo. The second family bathroom consists of a shower, basin and loo.
Large lounge leading into modern kitchen. The kitchen is fitted with an electric hob and under counter oven. There are two parking spaces behind manual gates.
The property is currently tenanted at R7,500 per month.
Flatlet - 9.1
This is the largest flat-let consisting of an open plan bedroom with built in cupboards. Kitchenette fitted with a two plate stove and cleaning facilities. En-suite bathroom with shower, basin and loo. The flat-let is currently tenanted at R3,500 per month with the potential of obtaining R4,000 per month.
Flatlet - 9.2
This is the smallest flat-let with an open plan bedroom, kitchen ette fitted with a two plate stove and washing up facilities. The en-suite bathroom consists of a shower, basin and loo. The flat-let has a rental income potential of R3,000 per month.
The main house of 9 Callington Street consists of 3 bedrooms, all with built in cupboards and work desks. One bathroom with a shower, basin and loo. Stunning lounge featuring a wood fire place. Modern kitchen fitted with an electric hob, undercounter oven and place for a fridge and front loader washing machine. Two parking bays in front of the house behind manual gates. The house is currently tenant at R8,000 per month.
Flat-let - 7.1 and 7.2
These two flat-lets are of similar size with an open plan bedroom, built in cupboards and a desk. The kitchenettes are fitted with a two plate stove, and washing up facilities. Both en-suite bathrooms have a shower, basin and loo. The rental income potential for these two flat-lets are R3,500 per month.
The two main dwellings and flat-lets share a communal paved back yard with wash lines for each property and are fitted with alarm systems, and individual pre-paid electricity and water meters. Each of the four flat-lets alarm systems are activated and de-activated using a remote control
Rates And Taxes: 3170
Property Reference #: 2239308
Agent Details:
Jörg Brand
Smart Properties - Port Elizabeth
Shop 4
189 Main Road
Walmer
Port Elizabeth
6070
The main house of 7 Callington Street consists of 3 bedrooms with built in cupboards. One en-suite bathroom with a shower, basin and loo. The second family bathroom consists of a shower, basin and loo.
Large lounge leading into modern kitchen. The kitchen is fitted with an electric hob and under counter oven. There are two parking spaces behind manual gates.
The property is currently tenanted at R7,500 per month.
Flatlet - 9.1
This is the largest flat-let consisting of an open plan bedroom with built in cupboards. Kitchenette fitted with a two plate stove and cleaning facilities. En-suite bathroom with shower, basin and loo. The flat-let is currently tenanted at R3,500 per month with the potential of obtaining R4,000 per month.
Flatlet - 9.2
This is the smallest flat-let with an open plan bedroom, kitchen ette fitted with a two plate stove and washing up facilities. The en-suite bathroom consists of a shower, basin and loo. The flat-let has a rental income potential of R3,000 per month.
The main house of 9 Callington Street consists of 3 bedrooms, all with built in cupboards and work desks. One bathroom with a shower, basin and loo. Stunning lounge featuring a wood fire place. Modern kitchen fitted with an electric hob, undercounter oven and place for a fridge and front loader washing machine. Two parking bays in front of the house behind manual gates. The house is currently tenant at R8,000 per month.
Flat-let - 7.1 and 7.2
These two flat-lets are of similar size with an open plan bedroom, built in cupboards and a desk. The kitchenettes are fitted with a two plate stove, and washing up facilities. Both en-suite bathrooms have a shower, basin and loo. The rental income potential for these two flat-lets are R3,500 per month.
The two main dwellings and flat-lets share a communal paved back yard with wash lines for each property and are fitted with alarm systems, and individual pre-paid electricity and water meters. Each of the four flat-lets alarm systems are activated and de-activated using a remote control
Rates And Taxes: 3170
Property Reference #: 2239308
Agent Details:
Jörg Brand
Smart Properties - Port Elizabeth
Shop 4
189 Main Road
Walmer
Port Elizabeth
6070
Id Subtitle 1277456051
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Estimated monthly repaymentR 27,039
Total property loan amountR 2,495,000
Total interestR 3,994,238
Total repaymentR 6,489,238
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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Smart Properties - Port Elizabeth
Selling for 4+ years
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