Ideal Investment Property In Park Rynie

R 2,200,000

Can I afford this?
11 months ago569 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2025
Parking:Garage
Description
Looking for a peaceful holiday home, an investment opportunity or a place to retire? With spectacular views of the ocean, beautiful gardens to spend the afternoons, multiple revenue opportunities, if these tick your boxes, then this is the property for you!

Consisting of 3 buildings in total, a single storey house with 3 bedrooms and 2 bathrooms and then there is an outbuilding waiting to be renovated into a third home. The double storey has 8 bedrooms, 10.5 bathrooms. This property has been separated into two family quarters. Upper level has a kitchen with scullery, lounge, dining room, 4 bedrooms with en-suites, 1 family bathroom and an outside toilet. Bottom level also has a kitchen, dining room, lounge, 4 bedrooms with en-suites, 1 family bathroom and an outside toilet. The double garage is located next to the courtyard which leads to the kitchen. There is a 3 bedroom house with 2 bathroom, with open plan lounge and dining room The kitchen has built in cupboards, property needs some TLC and has tenants. The outbuilding needs also some TLC.

This property is well located with sea views and easy access to the main road and highway. Within short distance to the Mosque, Churches and beach. Contact us now to view this gem on the South Coast and secure your future.

Park Rynie forms part of Scottburgh. Scottburgh is a well known tourist area. Simply 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. There is a primary and secondary school 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: 2
Rates And Taxes: 1200
Property Reference #: 10634

Agent Details:
Saeeda Cassim
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban

Id Subtitle 1207098635
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Estimated monthly repaymentR 23,842
Total property loan amountR 2,200,000
Total interestR 3,521,974
Total repaymentR 5,721,974
Interest rate at 11.75% for 20 years *
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