IMMEDIATE INCOME - PROPERTY INVESTMENT ON DOLLAR DRIVE

R 1,795,000

Can I afford this?
1 year ago292 views
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General Details
Location:
Richards Bay, North Coast
Description
This premises is one of 4 units that this particular tenant is occupying and the have done so for a long period of time. This would make for a great 1st time investment with the tenant currently paying R17723 per month and the lease expires 28 Feb 2023.
Reception
Offices
Stores
Garage / Roller Door
Toilets

Rates And Taxes: 1442
Levies: 2984
Property Reference #: 5896

Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay

Id Subtitle 1159758171
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Estimated monthly repaymentR 19,453
Total property loan amountR 1,795,000
Total interestR 2,873,611
Total repaymentR 4,668,611
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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Fosprops Properties
Selling for 7+ years
Total Ads126
Active Ads126
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