PERFECT INVESTMENT PROPERTY - 3 BED 2 BATH HOUSE WITH x 4 Flatlets (FULLY TENANTED )

R 1,749,000

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Description
FANTASTIC INVESTMENT PROPERTY !

FANTASTIC VALUE FOR MONEY !

MODERNIZED HOUSE AND 4 RENTAL UNITS !
(ALL FULLY TENANTED)\

HUGE DEMAND FOR THESE BACHELOR UNITS !

All with Own Pre Paid Meters

TWO SEPARATE ACCESS GATES ! !

OWNER RELOCATING !!
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THIS EXCELLENT INVESTMENT PROPERTY OFFERS:

Main House
3 Sunny and Spacious Bedrooms
2 Bathrooms - Main En Suite
Large Family Room with Aircon, Sliding Doors to Balcony
Stylish and Modern Open Plan Dining Room

Brand NEW MODERN Kitchen, Separate Laundry / Scullery area

Separate Entrance to Property - Long drive way - can easily add Carport for 4 Cars

Flatlets
4 x 1 Bedroom Units - Modernized and Spacious, With Kitchen and Bathrooms Open Plan Layout Lounge / Dining Room
Pre Paid Facilities


Ideally located close to Curo Pvt School in Parkdene and the N17 on ramp !


CURRENT INCOME OF R23k p/m (House and Cottages)
(Main House rental could easily be improved to (R11k - R13k p/m) to increase the Yield.

Main House income Currently R9k p/m
Additional Income - R13 200pm from Cottages / Flatlets !

Total Current Income R 23k
Expenses Rates, Sewerage R1100
Net Income +- R21 900 pm

Don't MISS OUT on this Investment Opportunity !!

Call me today to add this Excellent Property to your Portfolio !

Rates And Taxes: 800
Property Reference #: 970

Agent Details:
George De Bruin
Caldan Homes
P O Box 17109, Sunward Park, Boksburg, 1470
Boksburg

Id Subtitle 1268316067
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Estimated monthly repaymentR 18,955
Total property loan amountR 1,749,000
Total interestR 2,799,969
Total repaymentR 4,548,969
Interest rate at 11.75% for 20 years *
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Caldan Homes
Selling for 7+ years
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