R1,495,000
Monthly Bond Repayment R15,431.21
Calculated over 20 years at 11.0% with no deposit.
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The Perfect Income Generating Property!
This investment property boasts 5 separate living units with an income generating potential of around R16 000 monthly passive income.
Furthermore, a Swimming pool, Solar & inverter system on main unit, Borehole, Jo-Jo tank, Storeroom, Covered parking for about 5 vehicles, and a double Garage (potentially a future unit)
A breakdown of the units is as follows;
Main house/unit:
Living space
Spacious Kitchen
Laundry
2 Bedrooms
2 Bathrooms (one being ensuite in main bedroom)
Solar and inverter system is for this unit
Gas Geyser
Pre-paid meter
Flat 1:
Open plan Living and Kitchen area
1 Bedroom
1 Bathroom
Gas Geyser
Pre-paid meter
(This unit could be used as part of main unit/house)
Batchelor Flat:
Bedroom/living space
Kitchenette
1 Bathroom
Gas Geyser
Pre-paid meter
Flat 2:
Spacious living area
Kitchen
1 Bedroom
1 Bathroom
Gas Geyser
Pre-paid meter
Patio area at the front overlooking swimming pool
Flat 3:
Situated alongside Swimming pool
Living area
Kitchen
1 Bedroom
1 Bathroom
Gas Geyser
Pre-paid meter
If you are just looking to accommodate the extended family or just for an additional passive income, then this is the property for you!
