INVEST IN THE FUTURE, INVEST IN PROSPERITY!!!

R 1,050,000

Can I afford this?
2 months ago41 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):2
Bathrooms (#):2
Parking:Covered
Description
Welcome to an incredible investment opportunity in the heart of Tembisa!
This property, boasting a main house with 2bedrooms, 1bath and spacious open plan living is just the beginning of its potential. With 7rented units already generating income from day one and an additional unit awaiting completion, this property offers immediate returns and promising prospects.
Spread across approximately 450M of prime real estate, this property is a canvas awaiting the brushstrokes of an astute investor. The abundance of space not only accommodates the existing units but also invites future projects and building alterations, presenting an endless possibilities for expansion and enhancement.
Imagine the potential growth and profits as you transform this property into a thriving rental hub, catering to the growing demand for housing in the area. With its strategic location and versatile layout, it appeals to both seasoned investors and individuals seeking to embark on the journey in the real estate market.

Don't miss out on this golden opportunity to secure your foothold in the lucrative world of property investment. Seize the chance to maximize returns and make your mark on this promising venture.

Property Reference #: RL14338

Agent Details:
Diamond Ngwana
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157

Id Subtitle 1265802373
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Estimated monthly repaymentR 11,379
Total property loan amountR 1,050,000
Total interestR 1,680,942
Total repaymentR 2,730,942
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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Choprop Sales and Letting
Selling for 3+ years
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