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Small Holding for sale in Glen Austin AH, Midrand
R 6,500,000
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2 months ago112 views
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General Details
Location:
For Sale By:Agency
Description
Midrand - Glen Austin X1 - For sale agricultural area plot of 1.23 hectar (12,300 sqm). The property has business rights. Have strong borehole and 3 phase electricity. Enclosed large yard that can be used for trucks, storage space or good business opportunities, business warehouse, guest house or school. Strong build walls around all boundaries.
The property consist of 14 spacious flats (60 square meter all together) that can be converted into anything that the investor want and a main house. The main house is a three bedroom double story house (size: 100 square meter), it has three bedrooms, 2 bathrooms, large kitchen and open lounge ), there is also a thatch house that need a bit of renovations that can be used as entertainment area. If used as a buy-to rent property asset: it will easily generate a minimum of R70,000 per month. Building plans are in place.
Property Reference #: 7002001-10219
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
The property consist of 14 spacious flats (60 square meter all together) that can be converted into anything that the investor want and a main house. The main house is a three bedroom double story house (size: 100 square meter), it has three bedrooms, 2 bathrooms, large kitchen and open lounge ), there is also a thatch house that need a bit of renovations that can be used as entertainment area. If used as a buy-to rent property asset: it will easily generate a minimum of R70,000 per month. Building plans are in place.
Property Reference #: 7002001-10219
Agent Details:
William Masebe
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261959353
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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