Monthly Bond Repayment R18,075.98
Calculated over 20 years at 11.5% with no deposit.
Web Ref No DPR14732
FANTASTIC RETURN ON INVESTMENT - ADDITIONAL PASSIVE MONTHLY INCOME OF R30 000 / R35 000 ?
Exceptional Investment Opportunity in Manors at R1,695,000 Welcome to this outstanding property in the heart of Manors! This dead-level gem, making it an ideal choice for savvy investors seeking great returns.
Main House Features: 5 Spacious Bedrooms: Plenty of room for family or tenants. 2 Bathrooms: 2 Lounges
Easily convertible into separate rental units / 2-bedroom and 3-bedroom, which should then generate around a R18500 monthly income.
Land Size: 2144 sqm - ample space for various uses.
Additional Highlights:
A 3-Bedroom Self-Contained Cottage: Complete with its own small yard, perfect for extended family or as an additional rental unit - CURRENTLY GENERATES A R9000 MONTHLY INCOME.
Garage, Domestic Quarters and adjacent room that can be transformed into another income-generating unit.
This property is a fantastic investment opportunity, with the potential to earn between R30,000 to R35,000 per month in rental income.
With some modifications, you can maximize its earning potential and enjoy a steady stream of income.
Don’t miss out on this incredible chance to own a versatile and income-generating property in a prime location.