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Mdantsane, Mdantsane, East London, Eastern Cape
R 670 000
We present this opportunity with steady rental income of approximately R8900 per month( R106 800 per annum). With a few final touches required to the house, this is an investors dream. The main house consists of 3 bedrooms, 1 bathroom, lounge and kitchen. The outbuildings consists of 1 unit with a kitchen, and 3 rooms that share the bathroom. Parking is available for 3 vehicles. The house is on the public transport route, close to shops and local schools and churches.
Estimated monthly repayment
R 6 327
on a R 603 000 bond over 20 years at 11.25%
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Mdantsane, Mdantsane, East London, Eastern Cape
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Mdantsane
Based on 28 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Amahle Adams
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