Monthly Bond Repayment R18,886.61
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RL28630
Charming 2-bedroom home with 6 income-generating flats – Ideal for families and investors!
Discover this versatile 2 bedroom property featuring 6 backyard flats, perfect for a family looking for a home with extra income potential. Currently fully tenanted, the property generates an impressive R21,500 per month— enough to significantly contribute towards your bond payments. Plus, the yard is fully paved and there is additional space for further development. Property features and income breakdown: Main House: 2 bedrooms, bathroom, living room, and kitchen (R4,500/month) Backyard flats: - 4 bachelor flats with kitchenettes and en-suite bathrooms (R2,500 each) - 2 one-bedroom flats with separate living rooms, kitchenettes and en-suite bathrooms (R3,500 each)
Don’t miss out on this excellent investment opportunity. Contact me for more information!