Diversify your Investment Portfolio with 2 Beautifully Renovated Classics on One Property

R 2,650,000

Can I afford this?
13 days ago40 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Parking:Covered
Description
This property has been meticulously renovated, and provides two separate entrance homes. Leases for both units expire in early 2024. The Annual Rental Income is close to R 245,000.
Before you read any further, be sure to check out the VIRTUAL TOUR of the property.
The property is located in Woodstock, which is anedgy, evolving neighborhood with a variety of cafes, eateries and galleries.The propertyis close to Salt River Circle, the Old Biscuit Mill, Amazon new African Headquarters, Groote Schuur Hospital, UCT, Cape Town CBD, local schools, shops, sporting and gym facilities. There is easy access to major transport routes.
Each unit has:
- 2 Bedrooms with Built-in Cupboards
- Kitchen with Glass Hob & Built-in Oven and open shelves
- Spacious Open Plan Living Area
- Bathroom with Shower, Basin and Toilet
- Enclosed Front Parking Area
- Patio Area
- Prepaid Electricity Meter
- Alarm System
- Fibre ready
I invite you to arrange a Private In-Person Viewing of this beautiful property, with me, if you would like experience all that is on offer.

Property Reference #: 7002001-38265

Agent Details:
Clinton Forlee
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274220519
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Estimated monthly repaymentR 28,719
Total property loan amountR 2,650,000
Total interestR 4,242,377
Total repaymentR 6,892,377
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
Professional Seller
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3.69MTotal Views
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