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Investment Opportunity: Multi-Unit Property with Income Potential
R 399,000
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13 days ago44 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):3
Parking:Covered
Description
Sole Mandate.
Explore the potential of this multi-unit property offering three income-generating units.
Despite being in poor condition, this property presents a promising investment opportunity.
The first flat features a cozy layout with one bedroom, a lounge, a compact kitchen, and a bathroom.
The second flat comprises a bedroom, kitchen, and bathroom, while the third unit, a flatlet, consists of an open area with a toilet and basin. Situated conveniently close to various amenities, this property holds potential for those looking to maximize rental income or undertake renovation projects.
Don't miss out on this opportunity.
Property Reference #: RNR16278
Agent Details:
Lee Muketiwa
RealNet Properties
36 De Jongh Drive
Jansendal
Uitenhage
6229
Explore the potential of this multi-unit property offering three income-generating units.
Despite being in poor condition, this property presents a promising investment opportunity.
The first flat features a cozy layout with one bedroom, a lounge, a compact kitchen, and a bathroom.
The second flat comprises a bedroom, kitchen, and bathroom, while the third unit, a flatlet, consists of an open area with a toilet and basin. Situated conveniently close to various amenities, this property holds potential for those looking to maximize rental income or undertake renovation projects.
Don't miss out on this opportunity.
Property Reference #: RNR16278
Agent Details:
Lee Muketiwa
RealNet Properties
36 De Jongh Drive
Jansendal
Uitenhage
6229
Id Subtitle 1273820028
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Estimated monthly repaymentR 4,324
Total property loan amountR 399,000
Total interestR 638,758
Total repaymentR 1,037,758
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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Selling for 3+ years
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