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Nursery School / House for sale in Middelburg Central!
R 1,750,000
Can I afford this?
25 Photo(s)
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Size (sqm):1373
Description
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Estimated monthly repaymentR 18,965
Total property loan amountR 1,750,000
Total interestR 2,801,570
Total repaymentR 4,551,570
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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Positioned within walking distance of the local college, this property is a dream for investors and developers looking to maximize rental income. While the home requires significant maintenance and upgrades, its layout, spacious interior, and ample garden space offer limitless possibilities for long-term passive income.The main house features four bedrooms, including a master with an en-suite bathroom, two bathrooms, a large lounge, an entrance hall, and a dining room. The spacious kitchen boasts vintage steel cabinets, adding character to the space.Additionally, the property includes a single-bedroom flat with an open-plan kitchen, lounge, and dining area—perfect for additional rental income. The large backyard presents room for further development, making this property a canvas for expansion.A single garage and carport provide secure parking for vehicles. If youre ready to transform this home into a high-yield rental investment, schedule a viewing today and unlock its full potential.Property Reference #: 1280037Agent Details:Elzette Du PlooyRawson Properties Middelburg Sales51, Walter Sisulu Street, Middelburg, Middelburg Central, Mpumalanga
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Rawson Properties Middelburg Sales
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