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Prime Investment: 8 Flats in Strand Asanda Village!
R 1,450,000
Can I afford this?13 Photo(s)
4 months ago129 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):200
Parking:Street
Description
**Exciting Business Investment Opportunity in Strand Asanda Village**
Discover a prime investment opportunity with this exceptional property located in the heart of Strand Asanda Village. This well-maintained building comprises eight individual flats, each thoughtfully designed to include its own private bathroom and shower, offering convenience and privacy for tenants.
Strategically situated next to all public schools and major public transport routes, this property provides an ideal setting for tenants, ensuring high demand and consistent occupancy. The total area of the property is 200 square meters, making it a manageable size for maintenance while offering ample living space for residents.
With estimated rates of just R464 per month, this investment promises low operational costs. The asking price is R1,450,000, with room for negotiation, providing a fantastic opportunity for investors looking to expand their portfolio or enter the property market.
Don't miss out on this promising investment in a thriving community. Contact us today to arrange a viewing or to discuss further details.
Rates And Taxes: 464
Property Reference #: 2347284
Agent Details:
Tumelo Patrick Leballo
Zolam Properties
26 Ngcingcu Street Litha Park, Khayelitsha
Discover a prime investment opportunity with this exceptional property located in the heart of Strand Asanda Village. This well-maintained building comprises eight individual flats, each thoughtfully designed to include its own private bathroom and shower, offering convenience and privacy for tenants.
Strategically situated next to all public schools and major public transport routes, this property provides an ideal setting for tenants, ensuring high demand and consistent occupancy. The total area of the property is 200 square meters, making it a manageable size for maintenance while offering ample living space for residents.
With estimated rates of just R464 per month, this investment promises low operational costs. The asking price is R1,450,000, with room for negotiation, providing a fantastic opportunity for investors looking to expand their portfolio or enter the property market.
Don't miss out on this promising investment in a thriving community. Contact us today to arrange a viewing or to discuss further details.
Rates And Taxes: 464
Property Reference #: 2347284
Agent Details:
Tumelo Patrick Leballo
Zolam Properties
26 Ngcingcu Street Litha Park, Khayelitsha
Id Subtitle 1310140928
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Estimated monthly repaymentR 15,714
Total property loan amountR 1,450,000
Total interestR 2,321,301
Total repaymentR 3,771,301
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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Zolam Properties
Selling for 1 year
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