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House in Lotusville For Sale
R 2,257,500
Can I afford this?
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1 year ago334 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):940
Parking:Street
Description
Perfect Investment Opportunity!
Ideal for an investor! The property includes 4 units consisting of a total of 10 bedrooms. The property is a double story, consisting of a spacious balcony with scenic views. The property is currently generating a healthy rental income. Huge potential to generate positive cash flow, one bond, multiple tenants. It's well located, offering convenience to your tenants!
It's located approximately 9,3km away from King Shaka International Airport and other major tourist attractions giving you the option to convert it to a B&B or a guesthouse. The features of the property provide you with an option to set up a reception area and an admin office, making it cost-effective to manage your B&B or guesthouse. Schedule an appointment to view!
# Entrance Hall: 1
Rates And Taxes: 1400
Security Features: Access Gate
Property Reference #: 3378649
Agent Details:
Yolan Nagoor
Glenvista
Chas Everitt
Chas Everitt North Coast
Ideal for an investor! The property includes 4 units consisting of a total of 10 bedrooms. The property is a double story, consisting of a spacious balcony with scenic views. The property is currently generating a healthy rental income. Huge potential to generate positive cash flow, one bond, multiple tenants. It's well located, offering convenience to your tenants!
It's located approximately 9,3km away from King Shaka International Airport and other major tourist attractions giving you the option to convert it to a B&B or a guesthouse. The features of the property provide you with an option to set up a reception area and an admin office, making it cost-effective to manage your B&B or guesthouse. Schedule an appointment to view!
# Entrance Hall: 1
Rates And Taxes: 1400
Security Features: Access Gate
Property Reference #: 3378649
Agent Details:
Yolan Nagoor
Glenvista
Chas Everitt
Chas Everitt North Coast
Id Subtitle 1162495035
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Estimated monthly repaymentR 24,465
Total property loan amountR 2,257,500
Total interestR 3,614,025
Total repaymentR 5,871,525
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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Chas Everitt
Selling for 3+ years
Total Ads353
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