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House for sale in Reservoir Hills
R 1,500,000
Can I afford this?21 Photo(s)
1 month ago88 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):1038
Parking:Garage
Description
This nice and spacious property is subdivided into three portions, making it an attractive investment opportunity. Conveniently located within walking distance from a bus stop and a mosque, it offers accessibility and a potential demographic. The property generates a steady income of R12,700 per month, and each portion is equipped with prepaid meters for efficient utility management. With its rental income potential and strategic location, this property holds promise for a savvy investor looking for a reliable source of revenue.
Main house has 3 bedrooms with 1 bathroom and 1 toilet ,big lounge, and kitchen.
Main house rental is R6700 excluding lights and water.
Bottom there is 2 bedrooms, lounge, kitchen and 2 x bathrooms. Rent is R3500 excluding lights and water
Granny flat has 1 small kitchen, lounge ,1 room and 1 bathroom
Rent is R2500 excluding light and water
The property has Double garage and alot of parking spaces for more vehicles
# Parking: 2
Property Reference #: 15366
Agent Details:
Delphin Tshitenda
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
Main house has 3 bedrooms with 1 bathroom and 1 toilet ,big lounge, and kitchen.
Main house rental is R6700 excluding lights and water.
Bottom there is 2 bedrooms, lounge, kitchen and 2 x bathrooms. Rent is R3500 excluding lights and water
Granny flat has 1 small kitchen, lounge ,1 room and 1 bathroom
Rent is R2500 excluding light and water
The property has Double garage and alot of parking spaces for more vehicles
# Parking: 2
Property Reference #: 15366
Agent Details:
Delphin Tshitenda
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg
Id Subtitle 1271223131
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Okandivi Properties
Selling for 7+ years
Total Ads671
Active Ads671
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