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Introducing a remarkable investment opportunity in Manaba!
R 2,550,000
Can I afford this?20 Photo(s)
3 months ago62 views
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General Details
Location:
For Sale By:Agency
Description
This expansive freestanding property boasts five fully rented units, ensuring a consistent and attractive return on investment. Situated in a central location, mere steps away from shops, amenities, and the beach, it offers unparalleled convenience for both tenants and future owners. While it may require a bit of tender loving care, the potential for a lucrative investment is undeniable.
This property features a refreshing pool, providing a perfect retreat for tenants on hot summer days. What's more, it offers two entrances with gates on separate roads, enhancing accessibility and security.
Let's delve into each unit:
Unit 1 welcomes you with a charming enclosed patio, leading into a spacious kitchen and lounge area. Additionally, it offers a large room that could serve as an entertainment area or an extra bedroom, along with a convenient laundry and guest toilet.
Unit 2 impresses with its generous size, potentially accommodating three bedrooms. It features a well-appointed kitchen, dining area, and lounge—all tastefully tiled throughout.
Unit 3 mirrors the spaciousness of Unit 2, boasting what could easily be three bedrooms. With its tiled floors and ample living space, it offers comfort and functionality, along with the added bonus of a sea view.
Unit 4 presents a cozy yet practical layout, comprising three bedrooms, a lounge, dining area, kitchen, and an inviting enclosed patio.
Unit 5 charms with its inviting enclosed patio, spacious kitchen, dining area, and two comfortable bedrooms, accompanied by a well-appointed bathroom.
This property truly needs to be seen to be fully appreciated. Don't miss out on this incredible opportunity to invest in a versatile and income-generating property in the heart of Manaba. Schedule a viewing today and unlock the full potential of this gem!
Has Pool
Property Reference #: PTR1072
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
This property features a refreshing pool, providing a perfect retreat for tenants on hot summer days. What's more, it offers two entrances with gates on separate roads, enhancing accessibility and security.
Let's delve into each unit:
Unit 1 welcomes you with a charming enclosed patio, leading into a spacious kitchen and lounge area. Additionally, it offers a large room that could serve as an entertainment area or an extra bedroom, along with a convenient laundry and guest toilet.
Unit 2 impresses with its generous size, potentially accommodating three bedrooms. It features a well-appointed kitchen, dining area, and lounge—all tastefully tiled throughout.
Unit 3 mirrors the spaciousness of Unit 2, boasting what could easily be three bedrooms. With its tiled floors and ample living space, it offers comfort and functionality, along with the added bonus of a sea view.
Unit 4 presents a cozy yet practical layout, comprising three bedrooms, a lounge, dining area, kitchen, and an inviting enclosed patio.
Unit 5 charms with its inviting enclosed patio, spacious kitchen, dining area, and two comfortable bedrooms, accompanied by a well-appointed bathroom.
This property truly needs to be seen to be fully appreciated. Don't miss out on this incredible opportunity to invest in a versatile and income-generating property in the heart of Manaba. Schedule a viewing today and unlock the full potential of this gem!
Has Pool
Property Reference #: PTR1072
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
Id Subtitle 1263372319
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Estimated monthly repaymentR 27,635
Total property loan amountR 2,550,000
Total interestR 4,082,288
Total repaymentR 6,632,288
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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Selling for 3+ years
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