INVITING ALL SERIOUS INVESTORS – passive income established \ prepaid meters installed

R 2,799,000

Can I afford this?
1 year ago262 views
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General Details
For Sale By:Agency
Description
5 cottages ALL with TENANTS
- PREPAID ELECTRICITY

INCOME - R37 000 per month
Expenses - R10 000 per month

COTTAGES:
Cottage ONE – 2 bedrooms | 2 bathrooms (MES) | Kitchen | Laundry | Lounge | Dining | Covered Patio | Private Garden
Cottage TWO – 2 bedrooms | 2 bathrooms (MES) | Kitchen | Lounge | Private Bricked Garden
Cottage THREE – 1 Bedroom | 1 Bathroom | Kitchen | Lounge | Private Bricked Garden
Cottage FOUR – Batchelor Pad with en suite | Lounge and Kitchenette | Private Paved Garden
Cottage FIVE – 1 bedroom with en suite | Lounge| Spacious Private Garden

The property also offers:
• STAND 1983m²
• Parking for 10 cars
• Double garage
• Outside toilet and basin
• Crystal blue pool with pergola and braai area
• Children’s play area
• Potential veggie patch area
• 2 JoJo tanks (unconnected)

There is a borehole which has not been tested.

Contact Ann or Heidi for your private viewing.

Has Pool
Property Reference #: RL21485

Agent Details:
Ann Warburton
3 Percent Com Properties (PTY) Ltd
34 6th Street
Parkhurst
Johannesburg
2193

Id Subtitle 1192612385
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Estimated monthly repaymentR 30,333
Total property loan amountR 2,799,000
Total interestR 4,480,911
Total repaymentR 7,279,911
Interest rate at 11.75% for 20 years *
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3 Percent Com Properties (PTY) Ltd
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