16 Bedroom House For Sale in Cosmo City

R 2,550,000

Can I afford this?
1 year ago239 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:None
Description
Calling All Cash buyers. Income generating Investment in the Township economy with great returns. This block of flats has 16 Bachelor units each generatingR2700 per month. The units are self contained each with a kitchenette and bathroom.

Total Income generated is 16 X R2700= R43 200
The property is fully let.This property is in Ext 6 centrally located in a area loved by tenants you will enjoy occupancy of your tenants

Property Reference #: LFRT-7428

Agent Details:
Zizi Xhasa Kona
Leapfrog Property Group
LEAPFROG PROPERTY GROUP
Unit 3 Willow View Office Park
653 Van Hoof Street
Willowbrook, Ruimsig

Id Subtitle 1160144047
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Estimated monthly repaymentR 27,635
Total property loan amountR 2,550,000
Total interestR 4,082,288
Total repaymentR 6,632,288
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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Leapfrog Property Group
Selling for 2+ years
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