Monthly Bond Repayment R11,730.73
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL31516
Home in the Heart of East London
We are proud to present this great investment opportunity in Southernwood. A 10-bedroom house located on the main street of Southernwood, within walking distance to a shopping complex and a private hospital. The property is generating a rental income of over R20,000. It is rented out per room, with 5 rooms in the main house.
Additionally, there is a 2-bedroom flat outside, complete with its own kitchen and bathroom, as well as four outside rooms, each with their own external toilets. The property is fully secure, with walls all around, and is fully occupied with tenants. Prepaid electricity meter boxes are installed in each room. Parking for 2 vehicles is available.
Call now or miss out!
Features
Bedrooms 10
Bathrooms 3
Land Size 348m²
Monthly Rates R1,700.00