Monthly Bond Repayment R12,182.75
Calculated over 20 years at 10.75% with no deposit.
Web Ref No JRL32680
Are you looking for an investment property?
Look no further - This property is perfect for investors looking for a steady rental income. Currently generating a total monthly rental of R21,400, the property consists of: • 4 rooms renting for a total of R2,200 each • 7 rooms renting for a total of R1,800 each All rental units are fitted with pre-paid electricity meters, ensuring hassle-free management. The geyser has a separate meter, and tenants conveniently split and top up the usage amount among themselves.
Additional features: • The main house includes an internal bathroom • An outside bathroom and separate shower serve the tenants in the outside rooms
The property has maple open parking space an is ideally located close to schools, public transport routes, and shops, making it attractive and convenient for tenants. Whether you're expanding your property portfolio or stepping into property investment, this is a must-see opportunity!