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Income Generating Property
R 1,650,000
Can I afford this?
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4 months ago91 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Parking:Covered
Description
Perfectly located within walking distance to UKZN Westville Campus, Shops and School. With this home the opportunities are endless. Currently consists of three separate units, with two rented out and generating an income of R 8000
It is the ideal combination of a home with an income, with the Main house featuring 3 bedrooms, 1 lounge, 1 diningroom, 1 fully fitted kitchen, 1 guest toilet and 1 bathroom with shower and tub. The Main house also has a inverter.
Flatlet 1 features 2 bedrooms, kitchen with built in, shower and toilet
Flatlet 2 features 2 bedrooms, kitchen with built in, shower and toilet.
This home also has a beautiful braai area.
The land is massive for more units to be built.
Must be seen to be appreciated.
Property Reference #: RL5023
Agent Details:
Siva Naidoo
Ingwe Property Group
34 Glenugie Road
Pinetown
3610
It is the ideal combination of a home with an income, with the Main house featuring 3 bedrooms, 1 lounge, 1 diningroom, 1 fully fitted kitchen, 1 guest toilet and 1 bathroom with shower and tub. The Main house also has a inverter.
Flatlet 1 features 2 bedrooms, kitchen with built in, shower and toilet
Flatlet 2 features 2 bedrooms, kitchen with built in, shower and toilet.
This home also has a beautiful braai area.
The land is massive for more units to be built.
Must be seen to be appreciated.
Property Reference #: RL5023
Agent Details:
Siva Naidoo
Ingwe Property Group
34 Glenugie Road
Pinetown
3610
Id Subtitle 1250859977
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Estimated monthly repaymentR 17,882
Total property loan amountR 1,650,000
Total interestR 2,641,480
Total repaymentR 4,291,480
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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Ingwe Property Group
Selling for 3+ years
Total Ads129
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