Monthly Bond Repayment R21,275.27
Calculated over 20 years at 11.5% with no deposit.
Web Ref No TPR17665
5 Apartments in a Private Complex
These units are located on a large stand, are fully equipped, nestled in a garden with trees and plants. All units currently have tenants in and the rental income is estimated around R29500-00 a month without utility usage. The properties needs TLC, it should be taken on as a project because of its location it could be lucrative, being located close to amenities such as Spar, petrol stations and the popular Lucien beach. The units consist either of 2 or 3 bedrooms, 2 bathroom, lounge, dining room and kitchen. Some of them has their own garden some share a communal garden and swimming pool. The property is pet friendly has lots of parking space, all units have either a garage or covered parking bay. The swimming pool needs a good clean and some TLC. This property has lots of potential and could be turned into a great investment or holiday letting.