R975,000
Monthly Bond Repayment R10,397.68
Calculated over 20 years at 11.5% with no deposit.
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Ideal Residential Investment Property
A versatile property located in the serene High Ridge area of Stanger, offering a trio of rental units. Unit 1 features two cozy bedrooms, an open-plan lounge and kitchen, and a single bathroom, available at R2600 per month, utilities excluded. Unit 2 presents a more spacious arrangement with two bedrooms, a fully fitted kitchen, dining room, and a lounge that opens onto a patio. It includes an ensuite and a guest bathroom, with built-in cupboards in the bedroom, all for R4500 per month, excluding utilities. Unit 3 offers two bedrooms, a basic kitchen, and two ensuite bathrooms, also at R2600 monthly, utilities not included. While the building requires some repairs and updates, it holds great potential for increased revenue. This is an ideal investment opportunity for those looking to enter the property market or expand their portfolio.
Features
Pets Allowed
No
Interior
Bedrooms
6
Bathrooms
5
Kitchen
3
Reception Rooms
4
Furnished
No
Exterior
Security
No
Parkings
4
Pool
No
Sizes
Floor Size
210m²
Land Size
1,042m²