UNIQUE OPPORTUNITY TO BE A LANDLORD AND OWNER

R 3,200,000

Can I afford this?
13 days ago16 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):3
Size (sqm):161
Parking:Garage
Description
Distinctive property comprising 3 independent flatlets and the prospect for rentals and/ or simultaneously living on the property with immediate rental income. Corner property, north facing in the middle of the estate and a short walk to the stream and greenbelt. This property has 2 separate entrances with a double garage, driveway- and off-street parking; the other entrance around the corner allows for more flexible parking arrangements. In addition, there is a shared laundry, pond, shared deck area, private patio and garden space. At the same time, consideration can be given to converting the property back into a traditional home.

In proximity to Flamingo Shopping Centre & Go Ape. Also, Greenstone Mall, Green Valley Shopping Centre, Stoneridge Mall, Greenstone Crescent & Modderfontein. Excellent access to N3 Highway and well as the N12 to OR Tambo Airport. Significant business and commercial estates in the area including Longmeadow, Linbro Park & Meadowview, as well as the forthcoming Modderfontein developments. Schools in the area include: Edenglen Primary, Hurlyvale Primary, Edenglen High, Edenvale High, Curro School, Founders Hill College & forthcoming Taroko school. Other significant nearby landmarks are the Modderfontein Golf Course, Modderfontein Nature Reserve & Gautrain bus stops.

Property Reference #: JRL17961

Agent Details:
Michael Levy
Jawitz Properties
16 Bradford Road
Bedfordview

Id Subtitle 1274591368
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Estimated monthly repaymentR 34,679
Total property loan amountR 3,200,000
Total interestR 5,122,871
Total repaymentR 8,322,871
Interest rate at 11.75% for 20 years *
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