R 2 649 000
| 7 Bedroom House for Sale in The Reeds
- UNDER OFFER
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6
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Sole & Exclusive Mandate: A lucrative property that effortlessly generates income for you!
On-Show Sunday 17 February (12h00 - 14h00) - By prior appointment only:
Pre-School / After-School or Residential accommodation business opportunity in The Reeds, Centurion!
Just imagine owning this lucrative property that effortlessly generates an income for you!
Picture this: an investment opportunity presenting four spacious 1 Bedroom Self Catering Units, each boasting its own private Entrance, Kitchenette, en-suite Bathroom, Private Parking, Pre-paid Electricity, dedicated Geyser, and a charming communal Garden with ample visitor parking.
With each unit commanding a rental rate of R 5 000.00 per month, the total income amounts to an impressive R 20 000.00.
These Units can easily be converted into pre-school / after-school Classrooms + an administration Centre. Property situated within walking distance from Primary and High schools.
But that's not all!
This offering also includes a meticulously maintained 3 Bedroom Family Home, featuring a generous Lounge/TV Room equipped with a built-in Braai and sliding door leading to the garden, an open-plan Dining Room, Kitchen with a separate Scullery, and three Bedrooms with built-in cupboards. The master bedroom enjoys the luxury of an en-suite bathroom, while a second bathroom offers a bath, shower, basin, and toilet.
Completing the package, outside awaits a double garage and storage room.
Now, seize the opportunity as the current owner retires, making this profitable property available for acquisition!
Projected repayment @ 11.75% interest:
Period: 20 Years
Monthly Payment: R 29 508.00
Rental Income: R 20 000.00
Balance: R 9 508.00
Rarely does an opportunity of this caliber present itself in Real Estate!
Erf Size: 1 277 m²
Floor Area: 330 m²
Rates and Taxes: R 1 477
Please contact Gibbon or Amanda for viewing arrangements.
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Contact AgentWeb Ref 113963721
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