Sole Mandate - Investor's Delight: Prime Property Opportunity

R 1,200,000

Can I afford this?
13 days ago23 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1245
Parking:Garage
Description
Rawson Berea Presents a 6 bedroom home. Discover an outstanding investment opportunity nestled in the heart of Reservoir Hills, mere moments away from the esteemed Reservoir Hills Temple on Mountbatten Road. This expansive property, boasting a total of 6 bedrooms, offers an enticing prospect for astute investors.

Positioned strategically close to vital amenities such as the BP Garage, Primary Schools, Clinics, and the esteemed UKZN Westville campus, this property ensures unparalleled convenience and accessibility.

Sectionalized into four distinct units, each tailored to accommodate various family needs, this property maximizes its rental potential. The layout comprises one unit featuring 3 bedrooms and 2 bathrooms (1 en-suite), one bedroom with a lounge (converted to a second bedroom), alongside two bachelor units offering versatile living arrangements.

Every unit is outfitted with essential amenities, including a kitchen, bathroom, and individual prepaid electricity and water systems, ensuring seamless management for landlords.

Enhancing its appeal and functionality are additional features such as ample parking, laundry facilities, and outdoor washing basins.

Boasting a steady rental income of approximately R 15,600 per month, this property presents a lucrative opportunity for discerning investors.

For further details and to seize this exceptional investment opportunity, reach out to SifisoMabizela or Rahul Maharaj.

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Property Reference #: 1247688

Agent Details:
Sifiso Mabizela
Rawson Properties Berea
82, Problem Mkhize Road, Durban, Essenwood, Kwazulu Natal

Id Subtitle 1274001035
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
Interest rate at 11.75% for 20 years *
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Rawson Properties Berea
Selling for 3+ years
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