Small Holding With Rental Income Opportunity

R 2,050,000

Can I afford this?
1 year ago137 views
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General Details
For Sale By:Agency
Description
Tired of city living? Looking for additional income opportunity?

Look no further. This 1Ha small holding with income opportunity of R16,500.00 is only 7.6km from the Waterfall Mall.

Main House:
5 bedroom
3 bathrooms
2 kitchens
2 lounges
Scullery
Own pre-paid electricity meter

The main house can be separated into a 3 bedroom, 2 bathroom house and a 2 bedroom, 1 bathroom flat

Flat 1:
2 bedroom
Full bathroom
Kitchen
Living area
Own pre-paid electricity meter

Flat 2:
3 bedroom
2 bathrooms
Lounge
Kitchen
Own pre-paid electricity meter

Flat 3:
1 bedroom Bachelor
Bathroom with a shower
Kitchenette
Own pre-paid electricity meter

The property also offers:
* Large store room/workshop with 3 phase power, alarm system and motion beams,
* Sceptic tank,
* Irrigation connected with borehole
* 2 boreholes
* Family size swimming pool,
* A variety of fruit and nut trees

Has Pool
Property Reference #: RL1923979

Agent Details:
Erick Bezuidenhout
Urban Link
The Pivot
Block E
Monte Casino Boulevard
Fourways
2191

Id Subtitle 1108645627
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Purchase price
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No. of years
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RECALCULATE
Estimated monthly repaymentR 22,216
Total property loan amountR 2,050,000
Total interestR 3,281,839
Total repaymentR 5,331,839
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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Urban Link
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