11 Bedroom House For Sale in Eshowe
R1,300,000
Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL52216
Eshowe Rural - Fantastic Investment Opportunity
Calling all cash investors.
An amazing opportunity to purchaser this ideal investment property which is situated in the Nyanini Area which is approximately 3 kilometers from Eshowe CBD.
This spacious property boasts 11 spacious bachelor units each with it's own kitchenette.
There are shared communal bathrooms consisting of two toilets and two showers.
Separate to the building is a care takers room.
Property is big and spacious with enough room for further development. Build more units with ease.
Fully secured with a boundary wall and gate.
Incredible rental income, each tenants pays R 1400,00 per month with a total income for the entire property amounting to R 15400,00 per month. What a fantastic return on any investment.
Expenses are minimal, electricity and water is approximately
R 3000,00 per month.
No rates and taxes.
Please note property is situated in a rural area and falls under traditional council.
No title deeds.
OPEN TO OFFERS
An amazing opportunity to purchaser this ideal investment property which is situated in the Nyanini Area which is approximately 3 kilometers from Eshowe CBD.
This spacious property boasts 11 spacious bachelor units each with it's own kitchenette.
There are shared communal bathrooms consisting of two toilets and two showers.
Separate to the building is a care takers room.
Property is big and spacious with enough room for further development. Build more units with ease.
Fully secured with a boundary wall and gate.
Incredible rental income, each tenants pays R 1400,00 per month with a total income for the entire property amounting to R 15400,00 per month. What a fantastic return on any investment.
Expenses are minimal, electricity and water is approximately
R 3000,00 per month.
No rates and taxes.
Please note property is situated in a rural area and falls under traditional council.
No title deeds.
OPEN TO OFFERS
Features
Bedrooms 11
Bathrooms 2
Dom. Accom. 1
Floor Size 350m²
Land Size 3,000m²
Monthly Rates R400.00
Bathrooms 2
Dom. Accom. 1
Floor Size 350m²
Land Size 3,000m²
Monthly Rates R400.00
Agent Contact Details
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