Monthly Bond Repayment R37,325.04
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL2689
Perfect for the investor
Situated on Allan road, this property is urban edge and can be rezoned for offices or medium density housing.
It currently comprises 4 x two bedroom one bathroom open plan apartments that can be rented for a total of R28,000 per month together with a three bedroom cottage and a two bedroom cottage.
Total possible rental is R44,000 per month. It is easy maintenance, simple garden design, one electric access gate.
Septic tanks have been redone Municipal water and prepaid electricty in all the units.