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149 Panorama Drive, Sunset View, Newcastle, KwaZulu-Natal
R 10 500 000
Exclusive Mandate: With low operational costs, high income generation and a 95% occupancy rate, this well maintained, neat townhouse complex offers a healthy return on investment and would bolster any investor's rental portfolio. With existing yearly leases and no outstanding tenant debt, this is a an investment requiring little additional input. Prepaid electrical meters and individual water meters have been installed making the management of the complex less onerous. It is a low maintenance, secure complex which offers a guard house, electric fencing and remote security gate with a back up water tank supply. Sellers are looking to diversify their investments. The Sellers are not VAT vendors so transfer duty will be payable. Call today for further information or to book a tour around the property.
Estimated monthly repayment
R 99 155
on a R 9 450 000 bond over 20 years at 11.25%
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149 Panorama Drive, Sunset View, Newcastle, 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
Grace Van Zyl
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