Investment property - Blocks of flats for sale.

R 20,480,000

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General Details
Description
These 2 blocks of flats were built in 2013, and are registered on a single title deed.

The property consist of the following:
*12 x 2 bedroom flats (65.42m2)
*16 x 1 bedroom flats (44.16m2)

There are 35 carports, with washing lines and play areas for children.
Each flat has a DSTV connection as well as washing machine connections.
Fibre internet is available.
There is an equipped borehole with 2 x 10 000l tanks for additional/emergency water supply.
Very safe with electric fencing on the perimeter walls.
Automated access gate.
Each flat has a pre-paid electricity meter.

Serious investors can contact us for detailed information.

Rates And Taxes: 13490
Levies: 7850
Property Reference #: 513

Agent Details:
Abel Slabbert
Nelspruit Homes
P O Box 19133 The Village 1218
Nelspruit

Id Subtitle 1266350129
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Estimated monthly repaymentR 221,944
Total property loan amountR 20,480,000
Total interestR 32,786,370
Total repaymentR 53,266,370
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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Nelspruit Homes
Selling for 7+ years
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