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Great Investment Opportunity in Central Scottburgh
R 2,195,000
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11 months ago492 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):1349
Parking:Garage
Description
This 5 bedroom 3 bathroom double story house, is in an ideal location in Scottburgh Central. The home is walking distance to schools and the town, 3 minute drive to the beach. Close proximity to the Church and Masjid.
The house is currently divided into 3 flatlets, which are currently generating a rental income.
Flat 1 has 2 bedrooms, 1 bathroom, separate toilet, lounge and kitchen.
Flat 2 has 1 bedroom, 1 bathroom with separate toilet, lounge and kitchen and dining room.
Flat 3 is located upstairs, has 2 bedrooms, one with built in cupboards, 1 bathroom with separate toilet, kitchen and dining room.
This home has potential and could also secure your future and retirement. Large yard space and ample parking in the yard. Home also comes with 3 garages.
Scottburgh is a well known tourist area, enjoy the beach, diving and fishing. Boasting shopping malls and restaurants, this well developed town also has a medical center, banks and many chain stores. Under a few minutes drive to the beach. There is a primary and secondary school for the kids in the area. Its neighbouring town is Umkomaas, which as well, is fully fledged town for your convenience. Investing in this area is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
# Parking: 3
Rates And Taxes: 1420
Property Reference #: 10585
Agent Details:
Muhammed Uzayr Kadwa
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
The house is currently divided into 3 flatlets, which are currently generating a rental income.
Flat 1 has 2 bedrooms, 1 bathroom, separate toilet, lounge and kitchen.
Flat 2 has 1 bedroom, 1 bathroom with separate toilet, lounge and kitchen and dining room.
Flat 3 is located upstairs, has 2 bedrooms, one with built in cupboards, 1 bathroom with separate toilet, kitchen and dining room.
This home has potential and could also secure your future and retirement. Large yard space and ample parking in the yard. Home also comes with 3 garages.
Scottburgh is a well known tourist area, enjoy the beach, diving and fishing. Boasting shopping malls and restaurants, this well developed town also has a medical center, banks and many chain stores. Under a few minutes drive to the beach. There is a primary and secondary school for the kids in the area. Its neighbouring town is Umkomaas, which as well, is fully fledged town for your convenience. Investing in this area is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
# Parking: 3
Rates And Taxes: 1420
Property Reference #: 10585
Agent Details:
Muhammed Uzayr Kadwa
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Id Subtitle 1207099032
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Estimated monthly repaymentR 23,788
Total property loan amountR 2,195,000
Total interestR 3,513,969
Total repaymentR 5,708,969
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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Selling for 12+ months
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