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COUNTRY ESTATE FOR SALE IN CLOVERDENE - 33 PROPERTIES IN TOTAL
R 23,000,000
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Description
Beautiful Country Estate for sale in Benoni AH close to the N12 highway. This exclusive, security estate comprises of 33 properties . There are 31 free-standing houses with carports and 5 duplex flats, all rented out. The total rental income is approximately R220,000 per month.
The estate has lovely communal open areas, braai facilities, childrens playground, a sparkling pool and, two covered parking bays for each unit. Security is excellent with a guard house, and high walls. This is your opportunity to run a lucrative property portfolio business.
An additional 34 units can be built in addition , making a total of 70 units
Great investment
Fully tenanted existing 36 houses / flats (* at the time of advert)
Property Reference #: 1806
Agent Details:
Andrew Watson
Watson Properties
157 Second Avenue , Edenvale,Johannesburg East, Gauteng
Edenvale
The estate has lovely communal open areas, braai facilities, childrens playground, a sparkling pool and, two covered parking bays for each unit. Security is excellent with a guard house, and high walls. This is your opportunity to run a lucrative property portfolio business.
An additional 34 units can be built in addition , making a total of 70 units
Great investment
Fully tenanted existing 36 houses / flats (* at the time of advert)
Property Reference #: 1806
Agent Details:
Andrew Watson
Watson Properties
157 Second Avenue , Edenvale,Johannesburg East, Gauteng
Edenvale
Id Subtitle 1143667975
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Estimated monthly repaymentR 249,253
Total property loan amountR 23,000,000
Total interestR 36,820,630
Total repaymentR 59,820,630
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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Watson Properties
Selling for 5+ years
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