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Glencoe, Glencoe, Glencoe, KwaZulu-Natal
R 1 200 000
A full 1253 square meters of potential available in Glencoe, Kwazulu Natal. This property is the ideal investment opportunity with continuous rental income guaranteed due to it's location. This property is situated in a very quiet area of Glencoe - just a few meters away from Sarel Cilliers High School and the new modern clinic currently being built. This once single family home has been cleverly converted into two single homes. Both sections consist of one full bathroom, a kitchen and living area. The one section offers 3 bedrooms and the other 2 bedrooms, totaling 5 bedrooms. Each section has it's own entrance and is secured by an electric gate. The one section is already equipped with a double carport while the second units carport will still be installed by the current owner. The newly built wall will also still be completed. The property, with it's impressive views of the mountains and the farmland beyond the town, boasts with a very large backyard and out buildings which is ideal for further expansion - this is perfect for more rental income especially with the new clinic just around the corner. * Purchaser to keep in mind: Other than the purchase price, the purchaser is responsible for the following fees - Transfer and Bond Fees. The attorneys tending to each will issue a detailed quotation. We assist with pre-qualification and bond application at no extra cost.
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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Glencoe, Glencoe, Glencoe, 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
Nomvula Motaung
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