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4.2 ha Plot Investment Opportunity
R 1,100,000
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13 days ago251 views
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General Details
Location:
For Sale By:Owner
Description
**Investment Opportunity in Tarlton**
Discover a hidden gem in Tarlton – a 4.2-hectare plot boasting abundant borehole water and four existing houses. Despite its current state of disrepair, this property presents a lucrative investment opportunity generating a monthly income of 16,000 Rand.
While acknowledging the need for substantial renovation, seize this chance to capitalize on a steal. As the current owner prepares to immigrate, this property awaits a savvy investor ready to unlock its full potential.
Despite its proximity to a squatter camp, security concerns have been minimal, with no major incidents reported. Moreover, retaining existing renters guarantees immediate returns while exploring additional business ventures on the expansive land.
Embrace the potential of this property, strategically located at GPS coordinates -26.0843,27.6535. Contact us today to schedule a viewing and witness firsthand the promise this investment holds. Don't miss out on this exceptional opportunity to turn this run-down plot into a prosperous venture.
Id Subtitle 1279219555
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Estimated monthly repaymentR 11,921
Total property loan amountR 1,100,000
Total interestR 1,760,987
Total repaymentR 2,860,987
Interest rate at 11.75% for 20 years *
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Michael Scheepers
Selling for 9+ years
Total Ads22
Active Ads1
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