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Perfect Investment - 14 Units with 2 bedrooms and 1 bathroom each
R 6,000,000
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11 months ago205 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Description
Good investment opportunity awaits you. Invest today in these 14 Units with communal yard and garden / parking area. Each unit comprises of 2 bedrooms, 1 bathroom. open plan lounge and kitchen area. There are prepaid electricity meter and water is billed separately.
Each unit is generating a rental income of approx. R3000pm, in total giving you a rental income of approx. R42 000pm. Situated at the back of Craigieburn with lovely in land views.
Craigieburn is situated in the inland part of Umkomaas, and is easy access to and from the N2 Freeway. Craigieburn, has its own amenities. Fully developed Craigieburn has its own schools, superettes, petrol stations and shopping centres, medical practitioners, hardware stores, library, clinic, municipality and lots lots more... and lots more to come. Definitely an independent functional town!! The area is very serene and peaceful and is surrounded by lush greenery and country living. Craigieburn falls under the Umkomaas area, and reaps the benefits of relaxed coastal Umkomaas.
Umkomaas is well known for its Aliwal Shoal and diving charters. Come and enjoy the treasures of the UNDER WORLD! Lots to do in this area eg golfing, tennis, fishing, bowling, river rafting or just leisure at the beach!! Umkomaas being a famous holiday destination, has all the needs to satisfy its tourist i.e. restaurants, local stores and holiday accommodation, banks etc. Umkomaas is approximately 35 minutes away from Durban and approximately 55 minutes away from Port Shepstone... Best of both worlds!! Its neighbouring towns are Scottburgh and Amanzimtoti, which as well, are fully fledged towns for your convenience. Investing in these areas is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
Rates And Taxes: 860
Property Reference #: 9984
Agent Details:
Saeeda Cassim
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Each unit is generating a rental income of approx. R3000pm, in total giving you a rental income of approx. R42 000pm. Situated at the back of Craigieburn with lovely in land views.
Craigieburn is situated in the inland part of Umkomaas, and is easy access to and from the N2 Freeway. Craigieburn, has its own amenities. Fully developed Craigieburn has its own schools, superettes, petrol stations and shopping centres, medical practitioners, hardware stores, library, clinic, municipality and lots lots more... and lots more to come. Definitely an independent functional town!! The area is very serene and peaceful and is surrounded by lush greenery and country living. Craigieburn falls under the Umkomaas area, and reaps the benefits of relaxed coastal Umkomaas.
Umkomaas is well known for its Aliwal Shoal and diving charters. Come and enjoy the treasures of the UNDER WORLD! Lots to do in this area eg golfing, tennis, fishing, bowling, river rafting or just leisure at the beach!! Umkomaas being a famous holiday destination, has all the needs to satisfy its tourist i.e. restaurants, local stores and holiday accommodation, banks etc. Umkomaas is approximately 35 minutes away from Durban and approximately 55 minutes away from Port Shepstone... Best of both worlds!! Its neighbouring towns are Scottburgh and Amanzimtoti, which as well, are fully fledged towns for your convenience. Investing in these areas is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
Rates And Taxes: 860
Property Reference #: 9984
Agent Details:
Saeeda Cassim
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Id Subtitle 1207097932
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Estimated monthly repaymentR 65,023
Total property loan amountR 6,000,000
Total interestR 9,605,382
Total repaymentR 15,605,382
Interest rate at 11.75% for 20 years *
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Selling for 12+ months
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