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3 Bedroom House For Sale in Mtubatuba

R950,000


Monthly Bond Repayment R10,295.22
Calculated over 20 years at 11.75% with no deposit.

Web Ref No KZD26976

A Deal Not To Be Missed - R12 000 monthly rental income

Sole and Exclusive to Harcourts Zululand Real Estate

Wonderfully located within Mtubatuba, this investment property is a great opportunity to take advantage of. The stand consists of 3 separate one-bedroom bachelor flats, with all three consisting of a bedroom, bathroom, open-plan lounge and a beautiful wooden deck overlooking the garden. Each flat currently generates a return of R4 000 per month, at a combined monthly rental income of R12 000 and no doubt makes this deal a brilliant buy to snap up.

Over and above that all, the property offers space for further buildings to be built and potential to increase revenue even more. In need of a little tidy and TLC, this unique stand provides investors with a fantastic opportunity, at an incredible price.

Conctact us today for a viewing!

These individual properties form part of the seller's broader property portfolio, near the Pick 'n Pay and Mtuba Mall - the properties are available to purchase both separately or together as a whole. The portfolio for sale includes:

- The property described in the listing above. Number 4 in the diagram, measuring 1126sqm property and with 3 x one-bedroom flats - Priced at R990,000.

- 5 x Vacant stands along the main arterial road, opposite the Mtuba Mall - Priced between R650,000 - R690,000

- Three connected properties at over 6000sqm, properties 1, 2 and 3 in the diagram - Priced at R3,950,000.

Should you require any further information, feel free to get in touch with us.

Features

Bedrooms 3
Bathrooms 3
Land Size 1,126m²
Carports/Parkings 2
Pets Allowed Yes
Extras

TV Port
Patio
Views: Bush
Views: Private
Locality: Close To Schools
Locality: Close To Shops
Locality: Close To Transport
Outdoor Living: Garden
Garaging / Carparking: Off Street
Land Contour: Sloping
Condition: Fair
Views: River
Living Area: Open Plan
Main Bedroom: Double
Main Bedroom: Built-in-robe
Main Bathroom: Bath
Outdoor Living: Washing Line
Water Supply: Town Supply

Agent Contact Details

Jason Redinger
Harcourts Zululand

Cell 078 095 1876
Office (035) 7890055
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