Monthly Bond Repayment R17,596.09
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL64817
FANTASTIC RENTAL INVESTMENT, STUDENT ACCOMMODATION, AIR B&B OR A FAMILY HOME !
2 homes on one property with loads of potential (to suit your family wants and needs) and to run a variety of businesses. One consisting of 5 bedrooms, 2 bathroom, a spacious lounge and dining area with a fully equipped kitchen. The other consisting of 4 bedrooms, 2 bathrooms, a lounge and dining and a fully equipped kitchen. Rent each home out separately, live in one and rent the other, create an Air B&B or best of all… a student res accommodating 18 students at the going rate of R3 500 each pm. Bringing in a WHOPPING INCOME OF R63 000 pm !!! With a bond repayment of only R17 000 pm, you’re able to cover your bond and expenses and still generate a very attractive income. Need I say more…
Situated in a safe residential neighborhood just 3km from Varsity College and 5 km from our infamous Durban Beaches, with a swimming pool as a bonus.
THIS PROPERTY IS A GOLD MINE !
Features
Bedrooms 9
Security Yes
Bathrooms 4
Recep. Rooms 3
Land Size 1,034m²
Carports/Parkings 2
Pool Yes
Furnished Yes
Extras
All furniture to be sold. Contact Cathrin or Megan for list.