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Inviting visionary investors to seize a golden opportunity! R52 000 monthly rental income.
R 4,399,000
Can I afford this?
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18 days ago57 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):600
Parking:Covered
Description
This versatile property, currently thriving as fully occupied student accommodation, is now open for transformation. Imagine it as a charming bed and breakfast or a serene spa retreat—the possibilities are endless.
Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more.
Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition.
Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!
Property Reference #: MOT-RS00103
Agent Details:
Janine Wessels
Century21
158 Sefako Makgatho Drive, Sinoville, 0129
Featuring 13 meticulously designed rooms, each with private entrances, this property offers a personalized living experience for tenants, generating an impressive monthly revenue of approximately R52,000. Additionally, the main house boasts four spacious bedrooms, two full bathrooms (including a luxurious jacuzzi en-suite), a fully equipped kitchen, inviting lounge, dining room, and more.
Outdoor amenities include a substantial carport, advanced security system, borehole for water supply, and ample water storage capacity. Powered by 3-phase electricity, with existing Wi-Fi infrastructure, this property is ready for seamless ownership transition.
Positioned strategically with easy access to major routes, renowned schools, Nelson Mandela University, and just a stone's throw from the beach, this investment gem is a rare find. Don't miss your chance to make this investor's dream your reality!
Property Reference #: MOT-RS00103
Agent Details:
Janine Wessels
Century21
158 Sefako Makgatho Drive, Sinoville, 0129
Id Subtitle 1273131515
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Estimated monthly repaymentR 47,673
Total property loan amountR 4,399,000
Total interestR 7,042,346
Total repaymentR 11,441,346
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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Century21
Selling for 3+ years
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