R1,700,000
R1,700,000
Monthly Bond Repayment R18,423.02
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Monthly Rates
R1,373
R1,373
Calling All Investors!
This property presents an exceptional investment opportunity, perfect for savvy investors seeking lucrative returns. Nestled in the vibrant heart of Gonubie, this offering comprises a primary house complemented by two additional income-generating units—a spacious flat and a smaller flatlet.
The primary house serves as the centerpiece, boasting ample space and comfort, along with a pool and braai area. Meanwhile, the large flat provides an additional stream of income, offering generous accommodation suitable for various tenants, with it's two large rooms and two bathrooms. It also has a large balcony where tenants have a braai and entertain their guests. Additionally, the smaller flatlet adds to the property's earning potential, catering to a diverse range of renters.
In total, this property yields an impressive monthly income exceeding R20,000, affirming its status as a valuable investment asset. Its prime location ensures high demand and consistent occupancy, further enhancing its appeal to discerning investors.
Don't miss out on this golden opportunity to capitalize on Gonubie's thriving real estate market. Whether you're a seasoned investor or a newcomer to the field, this property promises substantial returns and long-term financial growth. Schedule a viewing today to seize this lucrative investment prospect before it's too late.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
3
Reception Rooms
5
Exterior
Carports / Parkings
9
Flatlet
2
Pool
Yes
Sizes
Floor Size
434m²
Land Size
999m²
Extras
Pets Allowed • Pool • Built-in-Braai • Balcony • Family / TV Room • Garden Cottage • LapaGonubie, East London
The picturesque town of Gonubie, situated not far from the larger metropolis of East London is a popular holiday and residential area for its temperate year-round weather, great surfing conditions and idyllic beaches. It falls within the jurisdiction of The Buffalo City Metropolitan Municipality and is named after a river by the name of Gqunube. The beach at Gonubie is the pride and joy of the locals, hence it...
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Disclaimer: While every effort will be made to ensure that the information contained within the Century 21 website is accurate and up to date, Century 21 makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
