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IMMEDIATE INCOME - PROPERTY INVESTMENT ON DOLLAR DRIVE
R 795,000
Can I afford this?
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1 year ago538 views
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General Details
Location:
Description
This tenant occupies 4 Units in this complex, one of which is this premises, which yields an immediate return on your investment. This is perfect as a an investment to use as a stepping stone to building your own property portfolio.
Currently used as a Workshop
Communal and well kept Toilets in the Complex (under lock and key)
Rental is R8250 + vat per month
Facebrick Building
Aluminium Glass Front
Prepaid electricity meter
Rates And Taxes: 989
Levies: 1410
Property Reference #: 5897
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Currently used as a Workshop
Communal and well kept Toilets in the Complex (under lock and key)
Rental is R8250 + vat per month
Facebrick Building
Aluminium Glass Front
Prepaid electricity meter
Rates And Taxes: 989
Levies: 1410
Property Reference #: 5897
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Id Subtitle 1159759308
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Estimated monthly repaymentR 8,616
Total property loan amountR 795,000
Total interestR 1,272,714
Total repaymentR 2,067,714
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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