Investment property with 7 back rooms.
ZAR 1,100,000
Web reference: 111713053
9
6
1
Floor Size: 160m2

This home is in need of an investor who wants to fix it up and thus make more money. The home is need of a total refurb. It offers 3 big bedrooms, a large lounge, kitchen and bathroom with separate toilet. Structurally sound main house , however it will need to be painted throughout, and the kitchen and bathrooms redone.

The saving Grace is that the property is currently rented out and split up. The main house has two tenants bringing in R5000. Six outside rooms, have been built, four of which are self contained and have their own bathrooms. There are two more rooms built behind the garage which share a bathroom as well.

The Rooms bring a total of R15000 in income so at least the investor can cover the bond while still having money for services.

Call me today to arrange a viewing.

Property Details
OverviewRoomsStreet View
Type of PropertyHouse
PriceZAR 1,100,000
Mandate TypeSale
Erf Size610m2
Floor Size160m2
LeviesZAR 1
Special LevyZAR 1
Rates and TaxesZAR 780
Pets AllowedNo
LifestyleSuburban, Freestanding