R1,550,000
R1,550,000
4
Bedrooms
6
Bathrooms
2
Parkings
Monthly Rates
R3,200
Total
R3,200
Real investment opportunity with immediate returns
Web Ref.
RLS927542
Opportunities like this one are rare to find. This house used to be a B&B and offers a total of 7 bedrooms and 6 bathrooms. In need of some TLC, value for money.
Option to stay in main house while 85% (R13 600) of your bond is paid for by the rent income from flatlets or rent it all out and have a monthly surplus.
Main House
3 bedrooms (1 Ensuite and a family bathroom), Lounge / Dining, and a beautiful kitchen. Two carports allocated to the main house.
Flatlet 1 (attached to the main house)
A bachelor pad, with a separate bathroom. This is currently rented out for R3000.
Flatlet 2 (attached to the main house)
1 Bedroom, Lounge, kitchenette, with separate bathroom. Currently rented out for R3600.
Flatlet 3
Wooden cabin with 1 bedroom, lounge, kitchenette and en suite bathroom, currently rented out for R3500
Flatlet 4
Wooden cabin with 1 bedroom, Lounge, Kitchenette and en suite bathroom, currently rented out for R3500
Each of the flatlets has a prepaid meter and separate geyser. Enough parking for everone plus more for visitors.
The owner is sad to let this income generator (R21 600,00) go, but the good news is, IT COULD BE YOUR CHANCE TO SMILE ALL THE WAY TO THE BANK!!!!
Call me and let's talk numbers and offers.
Option to stay in main house while 85% (R13 600) of your bond is paid for by the rent income from flatlets or rent it all out and have a monthly surplus.
Main House
3 bedrooms (1 Ensuite and a family bathroom), Lounge / Dining, and a beautiful kitchen. Two carports allocated to the main house.
Flatlet 1 (attached to the main house)
A bachelor pad, with a separate bathroom. This is currently rented out for R3000.
Flatlet 2 (attached to the main house)
1 Bedroom, Lounge, kitchenette, with separate bathroom. Currently rented out for R3600.
Flatlet 3
Wooden cabin with 1 bedroom, lounge, kitchenette and en suite bathroom, currently rented out for R3500
Flatlet 4
Wooden cabin with 1 bedroom, Lounge, Kitchenette and en suite bathroom, currently rented out for R3500
Each of the flatlets has a prepaid meter and separate geyser. Enough parking for everone plus more for visitors.
The owner is sad to let this income generator (R21 600,00) go, but the good news is, IT COULD BE YOUR CHANCE TO SMILE ALL THE WAY TO THE BANK!!!!
Call me and let's talk numbers and offers.
Features
Interior
Exterior
Sizes
New Germany, Pinetown
In the heart of KwaZulu-Natal, South Africa, lies New Germany, a captivating suburb that harmoniously weaves together residential tranquility and industrial vibrancy. Steeped in cultural diversity and historical significance, New Germany offers a unique living experience that blends suburban charm with bustling industrial activity. Situated in a strategic location, it presents an idyllic balance between serene living and access to various industries, making it a highly sought-after destination for families, professionals, and businesses alike. Brief History The area's history is intricately linked to the broader history of KwaZulu-Natal, a region shaped by diverse cultural influences and historical events. The establishment of...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
