R480,000
Monthly Bond Repayment R5,201.79
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Investment Opportunity for Cash Buyers
A lucrative investment opportunity awaits cash buyers in the form of a property featuring six bachelor flats located on a single stand. This potential profit-generating investment is strategically positioned, offering both convenience and accessibility. The property's prime location close to the main road ensures easy transportation access, while nearby schools within walking distance add to its appeal.
Key Features:
Six Bachelor Flats: The property comprises six bachelor flats, providing multiple revenue streams for potential investors.
Profit Potential: With the right enhancements and renovations, these bachelor flats have the potential to become lucrative money-spinners, offering a substantial return on investment.
Renovation Opportunities: Although the flats require some work, the investment is an opportunity to capitalize on renovation projects that can significantly increase the property's value and rental potential.
Strategic Location: The property's proximity to the main road enhances its accessibility, making it convenient for tenants and potentially increasing rental demand.
Walking Distance to Schools: Ideal for families and students, the property's location within walking distance of schools adds to its attractiveness, potentially increasing tenant interest.
Investment Details:
Cash Buyers Preferred: This investment opportunity is specifically tailored for cash buyers, allowing for a swift and uncomplicated transaction.
Long-Term Profitability: The strategic location, combined with the potential for renovations, positions this property as a long-term investment with the prospect of substantial returns.
Due Diligence: Prospective buyers are encouraged to conduct thorough due diligence, including property inspections and financial assessments, to ensure a well-informed investment decision.
Overall, this property represents an enticing investment opportunity for those looking to capitalize on the demand for rental housing in a convenient and accessible location. With a focus on strategic renovations, investors can unlock the full profit potential of these bachelor flats.
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