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Sonheuwel, Sonheuwel, Nelspruit, Mpumalanga
R 4 450 000
This prime investment opportunity features two subdivided properties on a single erf, expertly configured to house 34 students. Formerly a guesthouse with full municipal consent, the estate generates a robust monthly rental income of R166,600. The seller offers maximum flexibility, providing the option of a share sale or a standard property transfer to suit your tax requirements. With a negotiable price and a versatile month-to-month rental structure, this is a high-yield, turnkey asset ready for immediate acquisition.
Estimated monthly repayment
R 42 023
on a R 4 005 000 bond over 20 years at 11.25%
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Sonheuwel, Sonheuwel, Nelspruit, Mpumalanga
Listed by
Nkosi Zuma
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