R1,395,000
3
Bedrooms
2
Bathrooms
8
Parkings
Monthly Rates
R1,400
Total
R1,400
Real investment opportunity with immediate returns
Web Ref.
RLS996967
Opportunities like this one are rare to find. This house used to be a B&B and offers a total of 7 bedrooms and 6 bathrooms. In need of some TLC, value for money.
Option to stay in main house while 85% (R13 600) of your bond is paid for by the rent income from flatlets or rent it all out and have a monthly surplus.
Main House: 3 bedrooms (1 Ensuite and a family bathroom), Lounge / Dining, and a beautiful kitchen. Two carports allocated to the main house. Flatlet 1 : (attached to the main house) A bachelor pad, with a separate bathroom. This is currently rented out for R3000.
Flatlet 2: (attached to the main house) 1 Bedroom, Lounge, kitchenette, with separate bathroom. Currently rented out for R3600.
Flatlet 3: Wooden cabin with 1 bedroom, lounge, kitchenette and en suite bathroom, currently rented out for R3500
Flatlet 4: Wooden cabin with 1 bedroom, Lounge, Kitchenette and en suite bathroom, currently rented out for R3500
Each of the flatlets has a prepaid meter and separate geyser. Enough parking for everyone plus more for visitors.
Secure Your Future with This Proven Income Generator Investing is all about the numbers, and these numbers speak for themselves. This property is already a well-oiled machine, producing a monthly rental income of R21,600.
Call me today—let’s talk numbers and secure your next big move.
Option to stay in main house while 85% (R13 600) of your bond is paid for by the rent income from flatlets or rent it all out and have a monthly surplus.
Main House: 3 bedrooms (1 Ensuite and a family bathroom), Lounge / Dining, and a beautiful kitchen. Two carports allocated to the main house. Flatlet 1 : (attached to the main house) A bachelor pad, with a separate bathroom. This is currently rented out for R3000.
Flatlet 2: (attached to the main house) 1 Bedroom, Lounge, kitchenette, with separate bathroom. Currently rented out for R3600.
Flatlet 3: Wooden cabin with 1 bedroom, lounge, kitchenette and en suite bathroom, currently rented out for R3500
Flatlet 4: Wooden cabin with 1 bedroom, Lounge, Kitchenette and en suite bathroom, currently rented out for R3500
Each of the flatlets has a prepaid meter and separate geyser. Enough parking for everyone plus more for visitors.
Secure Your Future with This Proven Income Generator Investing is all about the numbers, and these numbers speak for themselves. This property is already a well-oiled machine, producing a monthly rental income of R21,600.
Call me today—let’s talk numbers and secure your next big move.
Features
Interior
Exterior
Sizes
The Wolds, Pinetown
- Street map
- Street view
Monthly Repayment
R0,00
R0,00
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