Property for sale in Verulam, Verulam Central

R 1,700,000

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2 months ago53 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Description
Spacious 3 bedroom home with 4 Flatlets
Inviting Opportunity for Discerning Investors: Presenting an alluring Southridge residence tailored for astute investors seeking a rewarding venture.

Enhanced by a well-maintained, charming front garden, this captivating 3-bedroom home in the esteemed Southridge area offers a harmonious environment for comfortable living. Comprising three generously proportioned bedrooms, a shared bathroom, an expansive lounge area, a guest toilet, and an impressive, well-appointed kitchen, this property epitomizes both practicality and style.

An Exceptional Feature: Four Additional Flatlets

Remarkably, the property's rear facet unveils an exceptional addition:
Nestled beneath the rear of the main house lies a one-bedroom face-brick flat.
Progressing further, a multifunctional flatlet and storeroom await.
Descending towards the lower end of the property, a pair of duet face-brick flatlets are situated.

This outstanding offering encompasses a total of four distinct flatlets, with the added advantage of three current tenants already in occupancy. The potential for a substantial and consistent income stream is a clear and compelling attribute of this investment opportunity.

Take a proactive step today by arranging a viewing to explore the immense potential this property holds.

Your inquiries are most welcome.


Bedrooms: 3.00
Bathrooms: 1.50
Erf_Size: 973
Lounges: 1
Dining Areas: 1
Carport: 1
Balcony: YES
Fence: YES
Kitchen: YES
Entrance hall: YES
Garden: YES
Family/TV Room: YES

Property Reference #: 5100577

Agent Details:
Jacqui Munsamy
PROPHUNT PROPERTIES
ADDRESS

Id Subtitle 1261964141
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
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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Selling for 3+ months
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