Development potential 18.7ha plot on R24

R 5,600,000

Can I afford this?
12 days ago26 views
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General Details
For Sale By:Agency
Description
Extra rental income on houses on the land: R35 000 per month!
Starts directly on R24 main road.
10min drive from Waterfall Mall
Strong water/ borehols
Prepaid electricity
There are 5 houses on the property which gets rented out currently;

Main house: 4 bedrooms, 2 bathrooms, big TV room, dining room, kitchen etc.
2 x 2 flatlets bedroom, kitchen, bathroom
6 Wooden houses

Come see for yourself this property has lots of potential!

Property Reference #: 1250561

Agent Details:
Amanda Kruger
Rawson Properties Rustenburg Sales
256, Beyers Naude Drive, Rustenburg, Rustenburg Central, North West
Rustenburg Central, North West

Id Subtitle 1277230367
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Estimated monthly repaymentR 60,688
Total property loan amountR 5,600,000
Total interestR 8,965,023
Total repaymentR 14,565,023
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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Rawson Properties Rustenburg Sales
Selling for 3+ years
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