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Investor Opportunity: Maximize Returns in Salt River
R 2,499,000
Can I afford this?
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14 days ago21 views
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Description
This double-storey house on Cecil Road is an investor's dream come true. With 6.5 bedrooms and 2 bathrooms, this property is perfectly suited for student accommodation, generating massive income potential.
From the wooden flooring to the fully fitted kitchen and built-in braai, this home exudes both charm and practicality. And the cherry on top? Breathtaking views of Table Mountain that you can enjoy while reaping the benefits of a currently tenanted space averaging over R30,000 per month in rental income.
This is a lucrative opportunity that you simply can't afford to miss. Situated in the prime location of Salt River, this investment property is poised to deliver exceptional returns. Don't hesitate - seize this chance to own a truly profitable asset that will elevate your portfolio to new heights.
Act now, and make this investor's dream a reality.
Property Reference #: TPR14151
Agent Details:
Nancy Oeschger
Tyson Properties
253 Main Rd
Sea Point
8060
From the wooden flooring to the fully fitted kitchen and built-in braai, this home exudes both charm and practicality. And the cherry on top? Breathtaking views of Table Mountain that you can enjoy while reaping the benefits of a currently tenanted space averaging over R30,000 per month in rental income.
This is a lucrative opportunity that you simply can't afford to miss. Situated in the prime location of Salt River, this investment property is poised to deliver exceptional returns. Don't hesitate - seize this chance to own a truly profitable asset that will elevate your portfolio to new heights.
Act now, and make this investor's dream a reality.
Property Reference #: TPR14151
Agent Details:
Nancy Oeschger
Tyson Properties
253 Main Rd
Sea Point
8060
Id Subtitle 1278344673
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Estimated monthly repaymentR 27,082
Total property loan amountR 2,499,000
Total interestR 4,000,642
Total repaymentR 6,499,642
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
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