GREAT INVESTMENT OPPORTUNITY WITH SEA VIEW!

R 3,450,000

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2 months ago89 views
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General Details
Description
Well kept double-storey apartment block with a sea view offering investors immediate rental incomes. The property consists of 2 downstairs and 2 upstairs units each with 3 bedrooms, lounge/dining room, kitchen and bathroom. All the units have prepaid electricity meters. There is a separate single en-suite room on the ground floor, 1 garage, 1 undercover parking and 1 carport off-street. The building is secured with electric fencing and an electric gate.

Property Reference #: ELO-CS00057

Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247

Id Subtitle 1264494602
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Estimated monthly repaymentR 37,388
Total property loan amountR 3,450,000
Total interestR 5,523,095
Total repaymentR 8,973,095
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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Century21
Selling for 3+ years
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