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Lotusville, Lotusville, Verulam, KwaZulu-Natal
R 3 695 000
Great investment opportunity - 841m2 property for sale in Lotusville, Verulam Dormehl Phalane Musgrave presents an exciting investment opportunity - a property, with multiple-rental income potential, for sale in Lotusville, Verulam. This 841m2 property would be ideal for an investor, large extended families, or for student accommodation, with value-adding opportunities. The building has four units, each offering two-bedrooms, one bathroom and a kitchen and open-plan lounge and dining area. The property also offers an incomplete, 100m2 area that is being used as a commercial space, but could be turned into a three-bedroom, two-bathroom, open-plan simplex. There is parking for three cars for this unit, as well as an open-plan lounge and dining area. Overall, the property offers eight open-bay parkings and one lock-up garage. Note that rates are about R1 700 monthly. For further details, or to schedule a viewing, please contact Nirvana.
Estimated monthly repayment
R 34 893
on a R 3 325 500 bond over 20 years at 11.25%
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Lotusville, Lotusville, Verulam, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Noluthando Le Roux
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