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13 Bedroom house in Northcliff For Sale
R 7,500,000
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25 days ago49 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2235
Parking:Garage
Description
Reasonable offers will be considered.
Upmarket Northcliff Johannesburg. Let your Investment work for you...,Earn while you stay in luxury!! OR earn while you live abroad....Reduced to Sell!!
Priced to sell!!!...3 modern houses, 2 modern Aparments, 1 cottage..live AND Invest.....existing income..!!
Urgent Sale!!
Excellent investment opportunity in sought after area Northcliff Johannesburg...most amazing views over Sandton, Bryonston and Johannesburg!! Priced to sell!!
Previously a successfully operated self catering accommodation. Air B&B's are trending in today's market.!!
+++ Extra Bonus....+-60% Furnitured, Appliances, linen, curtains etc...are all included in the selling price!!!
Sadly Covid happened and the owner decided to rent the houses and apartments out on a year to year basis, with 3 months notice, as all tenants are aware of the marketing process.
Turn back selfcatering....IF SO DESIRED your investment will offer even a much greater financial return.
The property offers in total 13 on-suite rooms when operated as a guest house with their own privacy, lounge, ding, kitchen etc. for each unit..B&B / self-catering. Offering beautiful views over Sandton, Bryanston and Johannesburg.
All units annual increase will take place before end 2022 by 7.5% increase. That total to new rental income of R93 500pm.
Operated on a permanent rental basis the units currently generates an income of R87 000pm.
Income of units as follows: NOTE each tenant pays own water and electricity usage.
Vista 1 R15 000pm - excl water and electricity
Vista 2 R14 500pm - excl water and electricity
Thatch Double story Villla R 17 500.00pm - excl water and electricity
Poolside Villa R 17 500pm - excl water and electricity
Garden Villa R17 500.00pm - excl water and electricity
Studio villa R5000pm - excl water and electricity
Current expenses which includes rates taxes, Gardner and general maintenance.. comes to +-R5000pm
The beautiful pictures does not do justice to this property...the property is a MUST view to appreciate what it has to offer!!
Contact me anytime for a viewing appointment.
# Office / Study: 1
# Parking: 6
Rates And Taxes: 1686
Property Reference #: ENT0227857
Agent Details:
Lisa Steyn
KW Select
262 Office 102B - First House, 262 Main Avenue , Ferndale, Randburg, Gauteng, 2194
Upmarket Northcliff Johannesburg. Let your Investment work for you...,Earn while you stay in luxury!! OR earn while you live abroad....Reduced to Sell!!
Priced to sell!!!...3 modern houses, 2 modern Aparments, 1 cottage..live AND Invest.....existing income..!!
Urgent Sale!!
Excellent investment opportunity in sought after area Northcliff Johannesburg...most amazing views over Sandton, Bryonston and Johannesburg!! Priced to sell!!
Previously a successfully operated self catering accommodation. Air B&B's are trending in today's market.!!
+++ Extra Bonus....+-60% Furnitured, Appliances, linen, curtains etc...are all included in the selling price!!!
Sadly Covid happened and the owner decided to rent the houses and apartments out on a year to year basis, with 3 months notice, as all tenants are aware of the marketing process.
Turn back selfcatering....IF SO DESIRED your investment will offer even a much greater financial return.
The property offers in total 13 on-suite rooms when operated as a guest house with their own privacy, lounge, ding, kitchen etc. for each unit..B&B / self-catering. Offering beautiful views over Sandton, Bryanston and Johannesburg.
All units annual increase will take place before end 2022 by 7.5% increase. That total to new rental income of R93 500pm.
Operated on a permanent rental basis the units currently generates an income of R87 000pm.
Income of units as follows: NOTE each tenant pays own water and electricity usage.
Vista 1 R15 000pm - excl water and electricity
Vista 2 R14 500pm - excl water and electricity
Thatch Double story Villla R 17 500.00pm - excl water and electricity
Poolside Villa R 17 500pm - excl water and electricity
Garden Villa R17 500.00pm - excl water and electricity
Studio villa R5000pm - excl water and electricity
Current expenses which includes rates taxes, Gardner and general maintenance.. comes to +-R5000pm
The beautiful pictures does not do justice to this property...the property is a MUST view to appreciate what it has to offer!!
Contact me anytime for a viewing appointment.
# Office / Study: 1
# Parking: 6
Rates And Taxes: 1686
Property Reference #: ENT0227857
Agent Details:
Lisa Steyn
KW Select
262 Office 102B - First House, 262 Main Avenue , Ferndale, Randburg, Gauteng, 2194
Id Subtitle 1275737867
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
Interest rate at 11.75% for 20 years *
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KW Select
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