R990,000
R990,000
Monthly Bond Repayment R10,728.70
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Monthly Rates
R1,502
R1,502
8 BEDROOM HOUSE IN GREAT LOCATION, PERFECT FOR THE AVID INVESTOR!!!
Massive 495m2 house which offers 6 bedrooms in the main house, 1.5 bathrooms, parking for 5 to 7 cars. The property also includes 2 bedrooms outside and large kitchen.
The property also has a large yard space which could easily be used to ressurrect a couple of additional bedrooms to maximize rental. An electricity meter has been installed meaning low rates.
The property could use a lick of paint and new kitchen cupboards but that shouldnt deter you as this is an amazing investment opportunity.
This property is situated in Honey Street, Berea, and offers great potential to all investors, as its extremely popular with tenants because of its location and finding tenants shouldnt be a problem.
The house is in a great location with amenities such as, the Community Hall, library, Post Office, Police Station, Shoprite, vegetable/fruit market all within a close radius. It is also close to the main taxi and bus routes.
Estimated Rates: R 1 502 per month
(Potential) Rental: Easily upwards of R14 000 per month with potential for much much more!
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
1.5
Reception Rooms
1
Exterior
Carports / Parkings
5
Security
Yes
Flatlet
2
Sizes
Land Size
495m²
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