Investment opportunity in a prime spot!

R 2,970,000

Can I afford this?
4 months ago80 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):709
Parking:Covered
Description
Introducing a prime property that promises to be the investment opportunity of a lifetime with a generous income. This guesthouse is perfectly located with easy access and visibility on the main route through Upington.

This lovely property offers the following:
• A beautiful cottage with 2 bedrooms, 2 bathrooms and a spacious open plan living area and kitchen with built-in cupboards and breakfast nook.
• 2 Family units each with 2 bedrooms, 2 bathrooms and a fully equipped kitchen. These 2 units can also be separated and can be rent out as single rooms.
• 1 Spacious room with bathroom.

The cottage is ideal to rent out to long-term tenants. All the units have entertainment areas outside where your customers can braai and relax. The units are equipped with a solar geyser, gas geyser (2 x 48kg gas bottles) and electric geyser, built-in cupboards and split units. Safety is a priority with a fully fenced property, electric gate, and safe parking. (Price is for furniture excluded)

Use this opportunity to invest in a thriving business and give me a call for a viewing!

Rates And Taxes: 2900
Has Garden
Property Reference #: 2203381

Agent Details:
Louise Visser - Property Practitioner
Mikaya Real Estate
94 Victoria Road
Parkwest
Bloemfontein
Parkwest
Bloemfontein

Id Subtitle 1250849122
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Estimated monthly repaymentR 32,187
Total property loan amountR 2,970,000
Total interestR 4,754,664
Total repaymentR 7,724,664
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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Mikaya Real Estate
Selling for 3+ years
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