Perfect Investment Opportunity

R 699,000

Can I afford this?
7 months ago211 views
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General Details
For Sale By:Agency
Description
Have you been looking for a home and an opportunity to make money at the same time? Well, look no further than this amazing opportunity to get both!! An RDP house with two Bedrooms, lounge, kitchen, toilet plus eight fully Tenanted outside rooms with rental income of R9,000 p/m with a potential to make more, boasting a decent land size of 273sqm yard to build a block of Apartments at Ivory Park next to all amenities such as schools, public services and transportation.
NB: This property is suitable for cash buyers

Property Reference #: RL567

Agent Details:
Bongani Mhlongo
Abakhi Properties
201A Monument Rd
Glen Marais
Kempton Park
1619

Id Subtitle 1235023484
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Estimated monthly repaymentR 7,576
Total property loan amountR 699,000
Total interestR 1,119,027
Total repaymentR 1,818,027
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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Abakhi Properties
Selling for 1 year
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