Monthly Bond Repayment R27,092.67
Calculated over 20 years at 11.75% with no deposit.
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1 Hectare property in Prime Location!
This property on 1 Hectare stand offers: 3 Bedrooms, 2 Bathrooms, 1 living area, dining area, kitchen and another living area, which previously was the garages.
There is another property which offers:
10000 sqm of land and spacious buildings. The property consist of four dwellings. Main house, second building which is currently used as offices with carport. The third dwelling is utilized as garages and workshop with a service pit.
The fourth dwelling is used and rented as a school, with a rental income of R 40 000 per month.
The main house can also be rented for R 12000 per month.
Workshop and garages can easily generate additional income.
As this property is situated in a prime location, development is also an option. Surrounding security complexes makes this small holding a great investment.
In total this entire plot size is 23 000 sqm and can also be sold as one unit with separate title deeds.
First plot with four buildings and 10000 sqm of land is sold for R 4990 000 and separate plot of 10 000 sqm with house is sold for R 2500 000This is two separate title deeds. Total price for both properties is R7490 000.