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Investment Property with a Breath taking Seaview.
R 5,375,000
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1 year ago300 views
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General Details
Location:
For Sale By:Agency
Description
Property is still one of the best investments and this is an excellent opportunity to earn a very attractive rental income from the 11 units this property has to offer.
What this property has to offer:
~ 11 Income generated units… 7 x 2 Bedrooms and 4 x 1 Bedrooms (currently all have tenants)
~ 2 Store rooms
~ Staff room
~ Braai area,
~ 6 lock up garages
~ 2 carports
~ 2 x 10 000 litre water tanks that are connected to each unit,
~ Prepaid electricity and individual water meters… PLUS a Seaview like no other!
If you are not ready to retire… the opportunity to invest in this property is your answer and it is located close to all amenities in, shops, restaurants, hospitals, and walking distance to Margate main beach.
Property Reference #: TPR4374
Agent Details:
Melissa Flanagan
Tyson Properties
112 Main Road
Shelly Beach
KZN South Africa
4270
What this property has to offer:
~ 11 Income generated units… 7 x 2 Bedrooms and 4 x 1 Bedrooms (currently all have tenants)
~ 2 Store rooms
~ Staff room
~ Braai area,
~ 6 lock up garages
~ 2 carports
~ 2 x 10 000 litre water tanks that are connected to each unit,
~ Prepaid electricity and individual water meters… PLUS a Seaview like no other!
If you are not ready to retire… the opportunity to invest in this property is your answer and it is located close to all amenities in, shops, restaurants, hospitals, and walking distance to Margate main beach.
Property Reference #: TPR4374
Agent Details:
Melissa Flanagan
Tyson Properties
112 Main Road
Shelly Beach
KZN South Africa
4270
Id Subtitle 1202172692
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Estimated monthly repaymentR 58,250
Total property loan amountR 5,375,000
Total interestR 8,604,822
Total repaymentR 13,979,822
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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Tyson Properties
Selling for 3+ years
Total Ads173
Active Ads173
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173Total Ads
338.89KTotal Views
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