Great Investment Property in a Prime Location!

R 1,290,000

Can I afford this?
3 months ago117 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):1276
Description
Lucrative | Spacious | Value for money

Family home or Investment property?
Located in a very lucrative and family friendly neighbourhood, this property is perfect for both income generating and self-occupation purposes. Living here means one gets to enjoy the convenience of being close to several important amenities such as good primary and high-schools, 5.8 km from TUT, public transport, shopping centres, restaurants, sports ground(s) and main roads leading you to Pretoria Central, Pretoria West (R55) and Brits (R514).

Main house
• 3 spacious bedrooms (Potentially 4 bedrooms)
• 2 bathrooms, 1 ensuite
• 2 living areas - 1 dining room and 1 lounge/TV room with a ceiling fan . One can be turned into a home office or study
• A neat kitchen with built in cupboards

Outbuilding 1 - Flatlet
• 3 bright and well spaced bedrooms
• 1 bathroom comprising a shower, basin and toilet
• An open living room with enough space for a dining table
• A kitchen with built-in cupboards and access to the private parking area
• Own parking for 3 vehicles

Outbuilding 2 - Attached Flatlet
• Attached to the main house
• Currently divided into 2 bedrooms and an open living space overlooking the back and front yard. This space gives you the opportunity to add a personal touch and develop it to your preference and more rooms.

The massive yard gives you options to further develop it to generate an income, e.g. by adding flatlets, rooms and renting them out. Additionally you could creste an entertainment area in the common space with a lapa, built in braai and swimming pool.

Parking - Leading you to your private triple covered parking is a gated driveway. The rest of the yard can accommodate an additional 6+ vehicles.

This property can easily generate enough income to cover the monthly bond repayments and make a profit. Below are the bond repayments and estimated transfer/bond costs. Contact us below to arrange an exclusive viewing!

Rates And Taxes: 1000
Property Reference #: 3891

Agent Details:
Thando Akor
Duvenhage Properties
620 Schurmanns Ave, Pretoria Gardens, 0082
Pretoria

Id Subtitle 1263901453
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Estimated monthly repaymentR 13,980
Total property loan amountR 1,290,000
Total interestR 2,065,158
Total repaymentR 3,355,158
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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Duvenhage Properties
Selling for 3+ years
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