Gold mine in Se 7

R 1,850,000

Can I afford this?
6 months ago216 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):892
Parking:Garage
Description
This semi duplex property is a gold mine on its own as it is made for student accommodation or can be transferred back to a family home
The property has a beautiful maintained garden with electric gates, and an alarm system that needs reconnection, and an intercom system with lots of paving all around the house
The property consist of 10 spacious bedrooms with study tables and chairs in each room, All the rooms are tiled and have built-in cupboards. The outside rooms have their own bathrooms and Toilet
The main property have 2 bathrooms of which 1 is an en-suite bathroom with bath, toilet, and basin
The guest bathroom consist of a bath, shower, basin, and separate toilet
The kitchen has built-in wooden cupboards with melamine tops plus an extra laundry
The stove is electrical at the moment but will be replace with a gas stove
The property has painted walls, with a tiled roof, and a borehole
The main property have underfloor heating in one of the rooms that can be changed back to a Lounge
The property has an open built-in braai
The property have 2 Geysers 1 Electrical and 1 Solar Geyser
The Income that a buyer can get from renting out these rooms will pay for the bond on this property on its own
The property is walking distance from the Vaal University of Technology, as well as a very popular primary school, 2 churches, and a popular high school

Property Reference #: 1221742

Agent Details:
Jacques Smit
Rawson Properties
132, Piet Retief Boulevard, Vanderbijlpark, Vanderbijlpark SE 2, Gauteng

Id Subtitle 1239328605
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Estimated monthly repaymentR 20,049
Total property loan amountR 1,850,000
Total interestR 2,961,660
Total repaymentR 4,811,660
Interest rate at 11.75% for 20 years *
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Rawson Properties Vanderbijlpark
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