Monthly Bond Repayment R27,038.49
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL5685
GR2 Zoning!
An amazing opportunity presents itself for an investor getting into property accomodation market for the first time. It is all set up, tenanted with long standing tenants and ready to go. The return is strong enough to cover your investment and the rates and taxes. All units are 1 bedroom studios( as generous as 1 bedrooms) with it's own separate shower and toilets. The owner has been so successful with the model he now wants to do it on a larger scale( reason for sale) Situated close to Umbilo police station, Glenwood bakery, creches, place of worship, good schools and Howard college.