PRIME 11 Bed INVESTMENT PROPERTY IN ENCLOSED AREA - SMART HOME WITH ENERGY EFFICIENT FEATURES

R 4,900,000

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LOCATION ...LOCATION....LOCATION !!! IDEALLY SITUATED IN THE ENCLOSED PARKRAND AREA !

WITHIN WALKING DISTANCE TO TOP SCHOOLS / COLLEGES AND AMENITIES IN THIS UPMARKET SUBURB !

PERFECT AIR BNB SETUP !

IMMACULATELY REVAMPED, BOASTING A HOST OF MODERN ENERGY SAVING FITTINGS AND FIXTURES !

ULTRA MODERN FINISHES, ABSOLUTELY IMPECCABLE CONDITION !

FULLY TENANTED ! *** MAKE YOUR OFFER TODAY ! ****
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We are excited to bring you this FANTASTIC INVESTMENT Opportunity, boasting with the following Features:

Meticulously designed and remodeled property featuring cutting-edge design, Ultra Modern Finishes and smart technology

Apartments consists of the following:
3 x bedroom Units (with spacious lounges, Fabulous Kitchens and Luxurious Bathrooms.
1 x 2 Bedroom Unit also with a spacious lounge, modern bathroom and fabulous Kitchen.

All bedrooms offer incredible volumes of space, Brand new built in Cupboards and modern Tiling.
All Kitchens fitted with Granite tops, ample Cabinetry and space for all appliances.
All apartments comes with Metered Plugs for ease of billing.
All four Units features Gas Geysers, Gas Hobs and Led Lighting throughout to maximize your Income whilst offering low utilities to your tenants.

Dedicated parking has been added, ensuring hassle-free accommodation for tenants

All windows been changed to Aluminum frames for a modern appeal.
Modern PVC Ceilings throughout.

All units have pre paid electricity meters.

Current Income:
3 Bed Apartments at R11 000pm (incl water and services)
2 Bed Unit at R9 000 (water and services included)

Gross Income at R 42 000
Expenses
Rates R 1 622
Elec R1163
Ref R 229
Water R 1 456
Sew R545
Net Income at R36 985pm


Don't delay on this Fantastic opportunity, call me today !

*********Reasonable offers will be considered.********

Rates And Taxes: 1622
Property Reference #: 962

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

Id Subtitle 1277436785
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Estimated monthly repaymentR 53,102
Total property loan amountR 4,900,000
Total interestR 7,844,396
Total repaymentR 12,744,396
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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Caldan Homes
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