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Calling all Investors & real estate business moguls - You do not want to miss this opportunity!
R 6,300,000
Can I afford this?
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General Details
Location:
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Description
Incredible returns on investment!
What does this property consist of?
8 Rental units on the Property
12-month lease agreement contracts - All units occupied with 12-month leases in place -
All currently at max capacity - of the tenants have been there for over 5 years!
Current Rental rates:
4x 3 Bedrooms Units at R 9000 pm
3x 2 Bedrooms Units at R 8000 pm
Unit 8 is a bachelor unit being rented out at R2000
(has a kitchenette & bathroom with only a shower)
3 Bedroom units have beautiful gardens with built in braais & patio area.
(some gardens bigger than others)
2 Bedroom units have smaller gardens and built in braai area.
Units all have prepaid electricity meters.
Water is charged to all tenants at R 250 per person, per month.
2 Carports per unit!
Borehole & irrigation
Childrens garden - little play area
Rates & Taxes R 1 985
Waste management R 2 400
Monthly rental income is R 65 000,00 pm
(after city of Tshwane costs)
No levies are currently being charged, as gardens are to be maintained by tenants.
Call Kyle for your exclusive viewing!
Fantastic investment opportunity
Walking distance from Kolonnade shopping center
All units at full capacity
Rates And Taxes: 2130
Property Reference #: 2232
Agent Details:
Kyle Pagotto
Unicity Integrated Realty
974 Olympus Drive, Faerie Glen, 0043
Pretoria
What does this property consist of?
8 Rental units on the Property
12-month lease agreement contracts - All units occupied with 12-month leases in place -
All currently at max capacity - of the tenants have been there for over 5 years!
Current Rental rates:
4x 3 Bedrooms Units at R 9000 pm
3x 2 Bedrooms Units at R 8000 pm
Unit 8 is a bachelor unit being rented out at R2000
(has a kitchenette & bathroom with only a shower)
3 Bedroom units have beautiful gardens with built in braais & patio area.
(some gardens bigger than others)
2 Bedroom units have smaller gardens and built in braai area.
Units all have prepaid electricity meters.
Water is charged to all tenants at R 250 per person, per month.
2 Carports per unit!
Borehole & irrigation
Childrens garden - little play area
Rates & Taxes R 1 985
Waste management R 2 400
Monthly rental income is R 65 000,00 pm
(after city of Tshwane costs)
No levies are currently being charged, as gardens are to be maintained by tenants.
Call Kyle for your exclusive viewing!
Fantastic investment opportunity
Walking distance from Kolonnade shopping center
All units at full capacity
Rates And Taxes: 2130
Property Reference #: 2232
Agent Details:
Kyle Pagotto
Unicity Integrated Realty
974 Olympus Drive, Faerie Glen, 0043
Pretoria
Id Subtitle 1273072677
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Estimated monthly repaymentR 68,274
Total property loan amountR 6,300,000
Total interestR 10,085,651
Total repaymentR 16,385,651
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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Unicity Integrated Realty
Selling for 4+ years
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