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Income generating property and home on one erf
R 3,190,000
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General Details
Location:
For Sale By:Agency
Description
This is an opportunity not to be missed. Live and earn half your bond back through rental income of over R16000pm. Immaculate property with a 4 bedroom house as well as a second 3 bedroom dwelling with multiple functions. Each dwelling has its own entrance.
Both houses have been customised to have more than one use.
The main house has a flatlet which can be opened up to make 4 bedrooms or 3 bedrooms and a study. A double garage with storeroom. Dining room open plan in the kitchen. Living room and patio.
The second dwelling is a double story with sections closed off to allow for an Air B&B or open up and have a 2nd family home. All the rooms are self contained and could add rental value of more than R15000.
This is a property which has had every detail carefully placed, every necessity done to perfection. The certificates and plans are all up to date.
Furniture in the home is available to purchase by mutual agreement on a separate negotiation.
Included is fibre in every room/section.
Smoke detectors, alarm and beams. 5000l jojo tank for rain water. Irrigation.
Prepaid meters in sections.
There is a storeroom which can be turned into another room and has been approved on plan with a patio.
Three carports for parking and a 4th one on plan.
Whether you are looking for a home, guest accommodation or rental income, this property is a definite option.
Also ideal for Student Accommodation, with a capacity of 16 Beds.
Property Reference #: RL2203
Agent Details:
Abie Ndlela
Fourz Lowveld Properties (Pty) Ltd
Office 203
29@ Marloth
29 Marloth Street
Nelspruit
1200
Both houses have been customised to have more than one use.
The main house has a flatlet which can be opened up to make 4 bedrooms or 3 bedrooms and a study. A double garage with storeroom. Dining room open plan in the kitchen. Living room and patio.
The second dwelling is a double story with sections closed off to allow for an Air B&B or open up and have a 2nd family home. All the rooms are self contained and could add rental value of more than R15000.
This is a property which has had every detail carefully placed, every necessity done to perfection. The certificates and plans are all up to date.
Furniture in the home is available to purchase by mutual agreement on a separate negotiation.
Included is fibre in every room/section.
Smoke detectors, alarm and beams. 5000l jojo tank for rain water. Irrigation.
Prepaid meters in sections.
There is a storeroom which can be turned into another room and has been approved on plan with a patio.
Three carports for parking and a 4th one on plan.
Whether you are looking for a home, guest accommodation or rental income, this property is a definite option.
Also ideal for Student Accommodation, with a capacity of 16 Beds.
Property Reference #: RL2203
Agent Details:
Abie Ndlela
Fourz Lowveld Properties (Pty) Ltd
Office 203
29@ Marloth
29 Marloth Street
Nelspruit
1200
Id Subtitle 1271877149
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Estimated monthly repaymentR 34,571
Total property loan amountR 3,190,000
Total interestR 5,106,862
Total repaymentR 8,296,862
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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Fourz Lowveld Properties (Pty) Ltd
Selling for 3+ years
Total Ads297
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