Unique MINI complex available for sale in Randpark - house plus 5 cottages (fully tenanted) - R3,...

R 3,600,000

Can I afford this?
18 days ago25 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):4+
Description
Unique MINI complex available for sale in Randpark, directly opposite Robin Hills Primary School.

This is an excellent investment opportunity, which does not come around often. DO NOT MISS OUT!

The property consists of :
Main house with 4 bedrooms , 1.5 bathrooms , spacious lounge , dining area , well designed kitchen, double carport with small private garden. Current tenant paying R11,900pm.

2 bedroom 1 bathroom cottage with private garden – current tenant paying R7500pm.

1 bedroom 1 bathroom cottage with private entrance and private garden – current tenant paying R6800pm.

3 x 1 bedroom 1 bathroom cottages, all with private gardens – current tenants paying R6,500pm; R,6750pm; R6,800pm

Each unit has pre-paid electricity.
Each unit has its own single or double carport.
Each unit has a private garden.
All approved plans will be provided.

For Sale: R3,600,000
Rates R1444
Total current rental monthly income: R46,250pm

Contact me today to schedule a time to view this amazing investment property.

Rates And Taxes: 1444
Property Reference #: 14135

Agent Details:
Ben Thomas
Landsdowne Investment properties
4 White Hills Close, Block 1 Whitehill Junxion Office Park, Lonehill, Johannesburg, South Africa
Sandton

Id Subtitle 1273067162
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Estimated monthly repaymentR 39,014
Total property loan amountR 3,600,000
Total interestR 5,763,230
Total repaymentR 9,363,230
Interest rate at 11.75% for 20 years *
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