Property description
This SOLE MANDATED property is brought to you by Propertylite.
Calling all investors and all big families
Whether you are looking to build your property portfolio or whether you have a big family , this is the one to pursue.
The property offers a double storey home split into two dwellings each offering the following:
3 bedrooms
3 bathrooms
lounge and kitchen
Each room comes with their own bathroom and is currently being rented per floor.
Outside in the yard a 1 bed bachelor pad can be found also with its own kitchenette and bathroom.
The property offers two entrances and offers enough yard space for kids to play and to entertain guests.
Each floor is rented at R8600 meaning the top house pays R8600 as well as the bottom or ground floor home.
The separate entrance rakes in R5000 rent per month.
Income: Rent 22 200
Rates Kickback: R2500
Total Monthly income: R24700
Expenses: R4500 for rates
Prepaid meters for electricity as well as for water.
Estimated Rates: R4500
- Flatlet
- Freehold
- Security Features
- Flooring: Tiles
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Propertylite - Head Office: JHB and CT Branch
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
