Investment option! House with flats for sale

R 2,800,000

Can I afford this?
16 days ago78 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Owner
Available From:15/04/2024
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Parking:Covered
Description

Calling all investors!!

Beautiful home For Sale in Queensburgh. Quiet panhandle close to school and shops.

This home is a 2 bedroom with the option to open one inside door, which will turn it into a 4 bedroom home, 1 ½ bathroom, kitchen and lounge and TV room. Courtyard and veranda for entertaining.

This property has 3 Units already generating an income.

Unit 1 – Bachelor flat let with separate bathroom
Unit 2 – Bachelor with kitchenette and bathroom and toilet.

(You could break a door thru to the unit next door and make this a 2 bed 2 bathroom unit)

Unit 3 – Upstairs unit is a 1 bedroom with massive lounge/dining room and kitchen (One could make the lounge smaller to add a 2nd bedroom)

Unit 5 – This unit has a good size bedroom with an en suite, the lounge can be used as a 2nd bedroom or lounge. Kitchen is separate and 5 steps from the front door of this unit. This unit also has a veranda to use for entertaining.

Beautiful garden with a natural spring. This spring water could be used to store water in jojo tanks if a water issue arises. Each unit has its own prepaid meter and water meter for your convenience.
Carport and extra parking is available on property for all tenants.

This panhandle is quiet, not a lot of traffic. Blue security patrols and a street whatsapp group ensures everybody’s safety. Escombe primary is walking distance from this property. Stores are close by.


Call us today on 0848244455 to view this property. Don’t miss this opportunity.

Id Subtitle 1273660644
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 30,344
Total property loan amountR 2,800,000
Total interestR 4,482,512
Total repaymentR 7,282,512
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.
RECALCULATE
Roxann James
Selling for 10+ years
Total Ads115
Active Ads1
Seller stats
115Total Ads
482Total Views
Verified information
Email address
Contact RoxieJ89
079*******Show Number
Message
(4002)
Phone
(Optional)
Include my number in my message.
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.