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House For Sale in Florapark, Tzaneen
R 1,520,000
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Triple Delight: Investment Trio or Family Haven with Rental Income!
Discover the perfect blend of investment potential and family comfort in this versatile property! This well-maintained house has been intelligently converted into three separate flats, catering to both investment seekers and families alike. Comprising two cozy 1-bedroom flats and a convenient bachelor flat, each unit boasts a sleek, tiled interior with ensuite bathrooms featuring basin, toilet, and shower facilities.
Enjoy the convenience of individual Pre-paid meters for each flat, ensuring efficient utility management. With only one carport, this property prioritizes simplicity and ease. The spacious garden provides a peaceful retreat for relaxation or family gatherings. The rental income potential is impressive, with each unit fetching R4000, R4200, and R2000 per month, respectively.
Positioned in close proximity to Van Velden Hospital and other essential amenities, this property offers not only financial benefits but also a family-friendly environment. Ideal for those seeking a wise investment opportunity or a home for a multi-generational family, this property combines practicality with comfort in a sought-after location.
Rates And Taxes: 2691
Property Reference #: 114066332
Agent Details:
Karin De Wet
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Discover the perfect blend of investment potential and family comfort in this versatile property! This well-maintained house has been intelligently converted into three separate flats, catering to both investment seekers and families alike. Comprising two cozy 1-bedroom flats and a convenient bachelor flat, each unit boasts a sleek, tiled interior with ensuite bathrooms featuring basin, toilet, and shower facilities.
Enjoy the convenience of individual Pre-paid meters for each flat, ensuring efficient utility management. With only one carport, this property prioritizes simplicity and ease. The spacious garden provides a peaceful retreat for relaxation or family gatherings. The rental income potential is impressive, with each unit fetching R4000, R4200, and R2000 per month, respectively.
Positioned in close proximity to Van Velden Hospital and other essential amenities, this property offers not only financial benefits but also a family-friendly environment. Ideal for those seeking a wise investment opportunity or a home for a multi-generational family, this property combines practicality with comfort in a sought-after location.
Rates And Taxes: 2691
Property Reference #: 114066332
Agent Details:
Karin De Wet
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1266015496
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Estimated monthly repaymentR 16,473
Total property loan amountR 1,520,000
Total interestR 2,433,364
Total repaymentR 3,953,364
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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eXp Realty - Steven Johnstone Group
Selling for 2+ years
Total Ads2.07K
Active Ads2.07K
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