Monthly Bond Repayment R27,673.85
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL12646
INVESTMENT IN AN IDEAL LOCATION! BOASTING HIGH RETURN IN INCOME! ERASMIA!
This is an ideal property for any investor out there! Comprising of 3 rental income units on a spacious plot. Unit 1 2 rooms with built-in cupboards, open plan lounge, dining and kitchen with one bathroom. Prepaid electricity
Unit 2 - 2 rooms with built-in cupboards, open plan fully fitted kitchen & 1 bathroom. This unit has a gas geyser, prepaid electricity and its own private back yard.
Unit 3 Main House - 3 spacious and bright bedrooms, 2 bathrooms, a separate lounge and dining room. A study and entertainment area leading out from the enclosed sun room. The back garden is super spacious and beautifully designed with a braai area and entertainment patio. There is a variety of fruit trees and exotic rose plants.
This property also comes with a double garage that parks upto 6 cars and also a back storeroom that can be converted into a fourth rental unit. The property is situated in a sought after section of Erasmia, walking distance to all amenities and the local school. A definite buy for the investor or larger families. There is ample space both in the front and back of the property, allowing for total convenience.