8 Bedroom Freehold For Sale in Ifafi
R3,800,000
Monthly Bond Repayment R41,180.87
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL5244
Calling all investors House with 5 Flats for Sale
This property presents an excellent investment opportunity, offering a house and five flats that can generate a potential monthly income of R33,500. Here's a breakdown of the property:
House:
2 bedrooms
2 bathrooms
Dining area
Lounge
Kitchen
Entertainment area
Back-up power with a 3kwv inverter and battery
Possible rental income: R8,000 per month, including water and electricity
Flat 1:
Connected to the house
Bachelor unit
Kitchen
Bathroom
Possible rental income: R2,500 per month, including water and electricity
Flat 2:
Bachelor unit
Kitchen
Bathroom
Rental income: R3,500 per month, including water and electricity
Flat 3:
Bachelor unit
Kitchen
Bathroom
Rental income: R4,000 per month, including water and electricity
Flat 4:
1 bedroom
Lounge
Kitchen
Bathroom
Patio with braai (barbecue) area
Rental income: R5,000 per month, including water and electricity
Flat 5:
Double-storey
2 bedrooms
2 bathrooms
Modern fitted kitchen with marble tops
Lounge
Balcony
Solar electricity with a 5kw inverter and battery
Own entrance and carport
Possible rental income: R10,000 per month, including water and electricity
External features:
Jojo tank for backup municipality water supply
Solar panels
Outside room with bathroom
Garage with electric garage door
Electric gate motor
Neat garden
Borehole with pump
Solar geysers
Corner stand with walls
This property offers a great opportunity for generating monthly income or maximising your investment potential. Contact us to explore this lucrative investment option further and arrange a viewing.