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A Rare Investment Opportunity Available For A Limited Time
R 1,990,000
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General Details
Location:
For Sale By:Agency
Description
Are you looking to broaden your investment portfolio? Let me introduce you to the perfect property.
This property is located in the PMB CBD and is within the commercial zone but currently rated as Residential. It includes 3-Phase electricity as well as a new prepaid water meter for the tenants.
The property boasts a recently renovated main house with 9 spacious bedrooms and 4 separate bathrooms. These 9 rooms each have their own prepaid electricity meters.
The property includes another 8 unrenovated rooms (with the 8 Prepaid electricity meters), as well as the potential for another 6 rooms. The residents have their own pedestrian access to the property.
There is an abundance of open lawn area which could be fenced separately and be rented out as storage/parking area and has its own access for vehicles.
This is the perfect property for an investor looking for the right location as well as having the luxury of adding personal preferences to maximise their return.
Contact me today to discuss the figures and current ROI. Donâ??t miss out, this opportunity will not be around for long!
Property Reference #: JRL8920
Agent Details:
Derrick Sandalls
Jawitz Properties
Gresham House
11 Wembley Terrace,
Town Hill,
Pietermaritzburg
This property is located in the PMB CBD and is within the commercial zone but currently rated as Residential. It includes 3-Phase electricity as well as a new prepaid water meter for the tenants.
The property boasts a recently renovated main house with 9 spacious bedrooms and 4 separate bathrooms. These 9 rooms each have their own prepaid electricity meters.
The property includes another 8 unrenovated rooms (with the 8 Prepaid electricity meters), as well as the potential for another 6 rooms. The residents have their own pedestrian access to the property.
There is an abundance of open lawn area which could be fenced separately and be rented out as storage/parking area and has its own access for vehicles.
This is the perfect property for an investor looking for the right location as well as having the luxury of adding personal preferences to maximise their return.
Contact me today to discuss the figures and current ROI. Donâ??t miss out, this opportunity will not be around for long!
Property Reference #: JRL8920
Agent Details:
Derrick Sandalls
Jawitz Properties
Gresham House
11 Wembley Terrace,
Town Hill,
Pietermaritzburg
Id Subtitle 1272247202
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Estimated monthly repaymentR 21,566
Total property loan amountR 1,990,000
Total interestR 3,185,785
Total repaymentR 5,175,785
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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Jawitz Properties
Selling for 3+ years
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