Residential complex in Central Town.

R 3,000,000

Can I afford this?
7 months ago105 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):3
Bathrooms (#):2
Description
This property is a great passive income generator!

It is fully occupied by long term tenants, and favourably located walking distance from Standerton CBD.

There are different unit sizes available, and it thus caters for a wide variety of clients.

The current nett ROI is 11.2%
5 x 3 bedroom units with 2 bathrooms, open plan living room and kitchen.

2 x 2 bedroom units with 1 bathroom, open plan living room and kitchen.

2 x 1 bedroom units with 1 bathroom, open plan living area and kitchen.

The units all have covered carports for parking.

Property Reference #: 855

Agent Details:
Entia van der Wath
Entia Estates
Standerton, Mpumalanga
Standerton

Id Subtitle 1234303749
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Estimated monthly repaymentR 32,512
Total property loan amountR 3,000,000
Total interestR 4,802,691
Total repaymentR 7,802,691
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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Entia Estates
Selling for 7+ years
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