9 Bedroom House For Sale in Springfield

R1,050,000

Monthly Bond Repayment R11,017.19
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL34535

Snap up this superb investment opportunity

This massive house in the Springfield area has huge potential for investors.

The house is divided into 2 sections: a 5-bedroom section with its own entrance at the bottom and a 4-bedroom house with a separate entrance accessed at the top section.
Both sections will need some tender care in bathrooms and kitchens. The top section is already tenanted with a monthly income of R7000 pm. Not far from informal settlement but the income potential outweighs the negatives in the area.

The residential property is fully fenced, and part of the yard area is leased out to a local shop. There is also plenty of parking space inside the yard for up to 8 cars.

Look no further for a viable addition to your investment portfolio.