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Farm house and 5 cottages bringing in 30k rental income for sale in Apple Orchards, Walkerville.
R 2,900,000
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1 year ago146 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):1
Size (sqm):4
Parking:Garage
Description
Price drastically reduced for a quick sale due to seller’s relocating. This property is 10 acre/ 4 hectares and has 6 homes on it including loads of land space to use for agricultural development. Rental income generated 30k per month.
This is an income generating investment- the perfect way to purchase a property and have your tenants pay off your bond for you. Generating an income of 30k per month
11 bedroom/ 6 bathrooms / 7 car carports
Home 1:
The first home is a beautiful farm house which comprises of a 3 bedroom, 1 bathroom house with a lovely fireplace, large lounge, dining room, a large kitchen with a lot of cupboard space as well as a bar area and built in braai area. Lovely entrance hall and gardens separately fenced in safe for animals and children. Covered parking for two cars. An alarm system and pre-paid electricity meter installed.
Home 2:
The second home is a one bedroom cottage with laminated flooring in the bedroom and living room. The fair sized kitchen has a gas stove and separate scullery/laundry area with space for a washing machine, dishwasher and fridges. Enclosed courtyard with washing line. An alarm system and prepaid electricity meter installed.
Home 3:
The third home is a one bedroom, one bathroom unit, The open plan kitchen dining room has a gas stove and a glass door and large windows which allows a lot of natural light. Fair size lounge with doors leading to the covered veranda/carport covered parking area for two cars. An alarm system and prepaid electricity meter installed.
Home 4:
The fourth home bachelor pad has open plan kitchen, lounge and bedroom area with one bathroom consisting of a shower, basin and toilet. Privately fence in. An alarm system and prepaid electricity meter installed.
Home 5:
The fifth home is a lovely three bedroom, one bathroom with large sunny rooms and a spectate lounge, kitchen and scullery. Privately fence in. 1 car covered carport. An alarm system and prepaid electricity meter installed.
Home 6:
The sixth home is a two bedroom unit with an upstairs loft area which can be used as a third bedroom. It has a large bathroom, open plan kitchen/living room/dining room area. Lock up garage with space for two cars. Privately fence in. An alarm system and prepaid electricity meter installed.
The property runs off borehole water and has a swimming pool next to the main house.
The entire perimeter is enclosed with an electric fence and has an automated gate all in working condition.
2/3 of the land is still veld which can be used for planting, grazing or further development.
# Entrance Hall: 1
# Parking: 1
Rates And Taxes: 1000
Has Pool
Has Garden
Temperature Control: Fireplace
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3822988
Agent Details:
Taneil Arkner
KZN South Coast
Port Shepstone
This is an income generating investment- the perfect way to purchase a property and have your tenants pay off your bond for you. Generating an income of 30k per month
11 bedroom/ 6 bathrooms / 7 car carports
Home 1:
The first home is a beautiful farm house which comprises of a 3 bedroom, 1 bathroom house with a lovely fireplace, large lounge, dining room, a large kitchen with a lot of cupboard space as well as a bar area and built in braai area. Lovely entrance hall and gardens separately fenced in safe for animals and children. Covered parking for two cars. An alarm system and pre-paid electricity meter installed.
Home 2:
The second home is a one bedroom cottage with laminated flooring in the bedroom and living room. The fair sized kitchen has a gas stove and separate scullery/laundry area with space for a washing machine, dishwasher and fridges. Enclosed courtyard with washing line. An alarm system and prepaid electricity meter installed.
Home 3:
The third home is a one bedroom, one bathroom unit, The open plan kitchen dining room has a gas stove and a glass door and large windows which allows a lot of natural light. Fair size lounge with doors leading to the covered veranda/carport covered parking area for two cars. An alarm system and prepaid electricity meter installed.
Home 4:
The fourth home bachelor pad has open plan kitchen, lounge and bedroom area with one bathroom consisting of a shower, basin and toilet. Privately fence in. An alarm system and prepaid electricity meter installed.
Home 5:
The fifth home is a lovely three bedroom, one bathroom with large sunny rooms and a spectate lounge, kitchen and scullery. Privately fence in. 1 car covered carport. An alarm system and prepaid electricity meter installed.
Home 6:
The sixth home is a two bedroom unit with an upstairs loft area which can be used as a third bedroom. It has a large bathroom, open plan kitchen/living room/dining room area. Lock up garage with space for two cars. Privately fence in. An alarm system and prepaid electricity meter installed.
The property runs off borehole water and has a swimming pool next to the main house.
The entire perimeter is enclosed with an electric fence and has an automated gate all in working condition.
2/3 of the land is still veld which can be used for planting, grazing or further development.
# Entrance Hall: 1
# Parking: 1
Rates And Taxes: 1000
Has Pool
Has Garden
Temperature Control: Fireplace
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3822988
Agent Details:
Taneil Arkner
KZN South Coast
Port Shepstone
Id Subtitle 1162493467
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No. of years
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RECALCULATE
Estimated monthly repaymentR 31,428
Total property loan amountR 2,900,000
Total interestR 4,642,602
Total repaymentR 7,542,602
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.
RECALCULATE
KZN South Coast
Selling for 3+ years
Total Ads1.06K
Active Ads1.06K
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Contact Chas Everitt
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