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R4,150,000
R4,150,000
Monthly Bond Repayment R44,256.83
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R1,300
R1,300
Developers oppertunity
Well situated between Delmas and Springs, you will find this property, ideal for developing of townhouses.
Already on this 6971m2 property, there are 5 units, which are as follows
- 4 x 2 bedroom units, with bathroom, lounge and kitchen
- 1 x 4 bedroom unit, with bathroom, kitchen and lounge
- Each unit with own carport
- Each unit with pre paid elecrical meter
- Still some old steel ceilings and wooden floors in some rooms
There are much more space, which can be use for more development. The proeprty been rezoned to development. The above units provide currently an monthly income of R25000. More to this property is a cellphone tower, which provide a yearly income
Take a change!
Features
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Sizes
Land Size
6,971m²
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