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3 Bedroom House on a Spacious 1200 m² Stand in Premier Park - Tzaneen
R 1,500,000
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General Details
Description
- SOLE MANDATE -
Welcome to Your Income-Generating Investment Opportunity in Premier Park, Tzaneen!
Discover this hidden gem – a 3-bedroom house on a spacious 1200 m² stand, perfectly suited for an investor seeking rental income. This property offers fantastic potential and is a mere 1km from a range of amenities, including shops, a mosque, hospitals, schools, and gyms. The convenience of being just 2-3km from the CBD adds to its allure.
Inside, you'll find a comfortable 103 m² of living space, with a main bedroom that includes an en-suite bathroom. The house requires minimal revamping, such as tiling in the passage and bedrooms, and a fresh coat of paint for the walls and window frames.
The property is being sold as-is, including an incomplete foundation that offers exciting possibilities. Imagine the potential when this foundation is assessed, approved, and developed to unleash a substantial portion of the 1200 m² of land.
The neighbourhood is peaceful and secure, and there are no immediate development plans that could impact the property's value.
Don't miss the opportunity to turn this house into a lucrative investment – easily generating a minimum income of 20k after renovations. Act now, and make this your next success story! ??
For more information or to arrange a viewing, contact us today. Your investment dreams start here.
Property Reference #: RNR11887
Agent Details:
Francois du Toit
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Welcome to Your Income-Generating Investment Opportunity in Premier Park, Tzaneen!
Discover this hidden gem – a 3-bedroom house on a spacious 1200 m² stand, perfectly suited for an investor seeking rental income. This property offers fantastic potential and is a mere 1km from a range of amenities, including shops, a mosque, hospitals, schools, and gyms. The convenience of being just 2-3km from the CBD adds to its allure.
Inside, you'll find a comfortable 103 m² of living space, with a main bedroom that includes an en-suite bathroom. The house requires minimal revamping, such as tiling in the passage and bedrooms, and a fresh coat of paint for the walls and window frames.
The property is being sold as-is, including an incomplete foundation that offers exciting possibilities. Imagine the potential when this foundation is assessed, approved, and developed to unleash a substantial portion of the 1200 m² of land.
The neighbourhood is peaceful and secure, and there are no immediate development plans that could impact the property's value.
Don't miss the opportunity to turn this house into a lucrative investment – easily generating a minimum income of 20k after renovations. Act now, and make this your next success story! ??
For more information or to arrange a viewing, contact us today. Your investment dreams start here.
Property Reference #: RNR11887
Agent Details:
Francois du Toit
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Id Subtitle 1243622098
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
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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