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19 Bedroom Freehold For Sale in Mqanduli

R650,000


Monthly Bond Repayment R6,931.79
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR14001

INVESTMENT OPPORTUNITY IN MQANDULI

Tyson Properties is proud to present this investment opportunity in Mqanduli for a buyer who is interested in purchasing and investing in a short term project that will show its returns in value.

The property consists of 19 units which are fully tenanted and the rental income is currently between R550 and R600 per unit. This property with some TLC, minor renovations and with the right vision, can turn these units around to generate an higher rental income.

The property is 878 square meters in size and located in town close to CBD making it ideal for those working to walk to work.

Please contact me for a viewing.

Features

Bedrooms 19
Security Yes
Bathrooms 1
Land Size 872m²

Agent Contact Details

Yandiswa Maqokolo
Tyson Properties East London

Cell 073 672 5199
Office (043) 1110202
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