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Developers oppertunity
R 4,150,000
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4 months ago74 views
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Description
Well situated between Delmas and Springs, you will find this property, ideal for developing of townhouses.
Already on this 6971m2 property, there are 5 units, which are as follows
- 4 x 2 bedroom units, with bathroom, lounge and kitchen
- 1 x 4 bedroom unit, with bathroom, kitchen and lounge
- Each unit with own carport
- Each unit with pre paid elecrical meter
- Still some old steel ceilings and wooden floors in some rooms
There are much more space, which can be use for more development. The proeprty been rezoned to development. The above units provide currently an monthly income of R25000. More to this property is a cellphone tower, which provide a yearly income
Take a change!
Property Reference #: RNR7906
Agent Details:
Ines Scheepers
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Already on this 6971m2 property, there are 5 units, which are as follows
- 4 x 2 bedroom units, with bathroom, lounge and kitchen
- 1 x 4 bedroom unit, with bathroom, kitchen and lounge
- Each unit with own carport
- Each unit with pre paid elecrical meter
- Still some old steel ceilings and wooden floors in some rooms
There are much more space, which can be use for more development. The proeprty been rezoned to development. The above units provide currently an monthly income of R25000. More to this property is a cellphone tower, which provide a yearly income
Take a change!
Property Reference #: RNR7906
Agent Details:
Ines Scheepers
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor
Id Subtitle 1253461105
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Estimated monthly repaymentR 44,974
Total property loan amountR 4,150,000
Total interestR 6,643,723
Total repaymentR 10,793,723
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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RealNet Properties
Selling for 3+ years
Total Ads1.25K
Active Ads1.25K
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