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Excellent Investment for the Investor! House plus 4 Spacious Garden Cottages for Sale!
R 2,200,000
Can I afford this?
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1 year ago272 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):8513
Parking:Garage
Video
Description
This magnificent 8513 m2 property is up for Sale in our beautiful little town Southport.
So much potential and definite a bargain if you think about long term holiday letting and/or permanent rental.
This stunning property offers you:
Main House:
Spacious open plan lounge, dining and kitchen area.
4 Bedrooms, 3 Bathrooms, Built in Bar in lounge area. Lovely veranda that leads to the outside braai and swimming pool Area.
Cottage 1: Open Plan Lounge, Dining and Kitchen Area with 3 Bedrooms, 1 Bathroom and patio.
Cottage 2: Open Plan Lounge, Dining and Kitchen area with 1 bedroom, 1 bathroom and patio
Cottage 3: Open Plan Lounge, Dining and Kitchen area with sea views from unit. 3 Bedrooms, 1 Bathroom. 3rd bedroom leads to outside braai area.
Cottage 4: Offers you Lounge, Kitchen, 1 Bedrooms and 1.5 Bathrooms.
Swimming Pool and Braai Areas.
Lockup Garage, CCTV Camera System, Storage
Beautiful scenery with some distant sea views, peaceful and quiet, safe and secure.
Current income plus minus Thirty Thousand Rand per month for the 5 units (inclusive of Water and Electricity)
# Parking: 1
Property Reference #: 2622
Agent Details:
Lorraine Ferreira
Property Plus Investments
Shop 19 Rondevoux, William O'Connor Drive, Margate, Durban
Umtentweni
So much potential and definite a bargain if you think about long term holiday letting and/or permanent rental.
This stunning property offers you:
Main House:
Spacious open plan lounge, dining and kitchen area.
4 Bedrooms, 3 Bathrooms, Built in Bar in lounge area. Lovely veranda that leads to the outside braai and swimming pool Area.
Cottage 1: Open Plan Lounge, Dining and Kitchen Area with 3 Bedrooms, 1 Bathroom and patio.
Cottage 2: Open Plan Lounge, Dining and Kitchen area with 1 bedroom, 1 bathroom and patio
Cottage 3: Open Plan Lounge, Dining and Kitchen area with sea views from unit. 3 Bedrooms, 1 Bathroom. 3rd bedroom leads to outside braai area.
Cottage 4: Offers you Lounge, Kitchen, 1 Bedrooms and 1.5 Bathrooms.
Swimming Pool and Braai Areas.
Lockup Garage, CCTV Camera System, Storage
Beautiful scenery with some distant sea views, peaceful and quiet, safe and secure.
Current income plus minus Thirty Thousand Rand per month for the 5 units (inclusive of Water and Electricity)
# Parking: 1
Property Reference #: 2622
Agent Details:
Lorraine Ferreira
Property Plus Investments
Shop 19 Rondevoux, William O'Connor Drive, Margate, Durban
Umtentweni
Id Subtitle 1193231395
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Estimated monthly repaymentR 23,842
Total property loan amountR 2,200,000
Total interestR 3,521,974
Total repaymentR 5,721,974
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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Property Plus Investments
Selling for 4+ years
Total Ads510
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