INVESTORS AT THIS PRICE, COME AND VIEW THIS PROPERTY!

R 1,720,000

Can I afford this?
1 month ago27 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Situated on a massive stand of 2458m², situated in a quiet area close, to local schools and and shops. This building is zoned as Residential 1 consisting of 6 flats.
This is a great investment with lot of potential.
Property is in a process of renovation of kitchens and bathrooms
3 x 1 .5 Bedroom flats with bedroom, full bathroom, kitchen and lounge 1 x balcony
1 x 2 bedroom flat with bathroom, kitchen & lounge and laundry
2 x 1 bedroom flats kitchen bathroom lounge and 1 x balcony

These flats are really spacious with built in cupboards.
Landscaped garden
There are 6 carports, garages for 4 vehicles with outbuilding
All flats are fitted with Ekurhuleni pre- paid meters.
The Monthly income per unit various between R5000 - R6000 per month
rates: R2700, and water is paid by the tenants
Jo Jo tank and store rooms.

Property Reference #: JRL16424

Agent Details:
Tersia Mathews
Jawitz Properties
24 Farquharson Street
Kenleaf
Brakpan

Id Subtitle 1267082618
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Estimated monthly repaymentR 18,640
Total property loan amountR 1,720,000
Total interestR 2,753,543
Total repaymentR 4,473,543
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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Jawitz Properties
Selling for 3+ years
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