R1,488,000
Monthly Bond Repayment R16,125.56
Calculated over 20 years at 11.75% with no deposit.
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Monthly Rates
R976
R976
Attention: investors and developers. SOLE MANDATE
Welcome to our exceptional offering waiting to be seized, presenting opportunity for investors to capitalize on the excellent existing income, or developers to establish a new exciting development. The property is ideally located steps away from the Vuselela FET college, giving it great exposure and a steady income stream. The stand is 1 264 meters square, and has approximately 472 square meters underroof, comprising of:
• 13 bedrooms
• 1 large kitchen
• 3 bedrooms
This property can be combined with the neighbouring property for an even larger development opportunity. Savvy investors will easily find both value and opportunity here, with the monthly rental income at full capacity being R 21 200.
In addition, this property offers prepaid electricity and is has been rezoned to RES 1 with annexure (available on request).
Don’t let this one slip through your fingers – call me today!
• 13 bedrooms
• 1 large kitchen
• 3 bedrooms
This property can be combined with the neighbouring property for an even larger development opportunity. Savvy investors will easily find both value and opportunity here, with the monthly rental income at full capacity being R 21 200.
In addition, this property offers prepaid electricity and is has been rezoned to RES 1 with annexure (available on request).
Don’t let this one slip through your fingers – call me today!
Features
Pets Allowed
No
Interior
Bedrooms
13
Bathrooms
3
Kitchen
1
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
472m²
Land Size
1,264m²
Extras
Bath, Toilet and Basin; Built in Wardrobes; Burglar Bars; Carpets; Curtain Rails; Freestanding; Garden; Shower, Toile tand Basin; Student Accommodation; Tiled Floors; Totally Walled
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