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Rydalvale, Rydalvale, Phoenix, KwaZulu-Natal
R 1 250 000
Prime Property presents this excellent Investment Opportunity: Road-Level Property, Income-Generating Rental Units | Situated In A Highly Demanded Area With Great Potential! This property offers an excellent opportunity for both homeowners and investors. ?? **Main House** * 2 bedrooms * Separate lounge * Kitchen * Bathroom with shower * Interior finishing still required, allowing you to complete the home to your own taste and specifications ??? **2 Rental Units** * Two separate rental units on the property: * Each unit has 2 bedrooms, open plan lounge and kitchen and a family bathroom with shower * One currently generating **R5,500 per month** * Potential combined rental income of **R11,000 per month** * Prepaid electricity ?? **Property Features** * Convenient **road-level access** * Level yard space with potential to build a **garage** * **Building plans already in place** * Excellent potential to further develop and add value * Ideal for an investor looking for rental income or a family wanting additional income from the property ?? **A property with income already in place and plenty of potential to increase its value.** **Contact us for more information or to arrange a viewing.**
Estimated monthly repayment
R 11 804
on a R 1 125 000 bond over 20 years at 11.25%
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Rydalvale, Rydalvale, Phoenix, KwaZulu-Natal
Listed by
Palesa Brown
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