Monthly Bond Repayment R32,489.54
Calculated over 20 years at 11.75% with no deposit.
Web Ref No 6386955
Great investment opportunity
This property is perfect for investors looking for rental properties in the Bela Bela region. It is situated in and safe and quite area and also close to all the major schools and churches in Bela Bela making it ideal for long term tenants. The other reason this is such a incredible investment opportunity is because the erf consists of a main house with it's own private flat / private area, and five other loose standing flatlets that can all be rented out separately. Each of these flatlets with their own prepaid meter and elevated backup water tank that can provide water through gravity even is there is no power. It also has n strong borehole that supplies the tank and these households which means that water is included in the tenants rent and all they have to pay on top of the rent is pre paid electricity. This is any tenants dream and makes these rental flats even more attractive. Each with their own fenced yard and garden area. All Flatlets also have their own covered parking.
Apart from the five Flatlets, the main house also has a separate flat and private area which is also rentable. On top of that, the main house also has a backup power system with an 5KWA inverter and six solar panels that will ensure that you're never left in the dark.
Rental prospective: Total R29 700pm
Main house: Rental potential R5800pm 2 Bedroom 2 Bathroom Office space Large covered workshop area 5KWA Inverter 6 Solar panels
Main house flat & Private area: Rental prospective: R4800pm 2 Bedroom 1 Bathroom Huge private area and garden
Flat 1: Currently rented for R3900pm 1.5 Bedroom 1 Bathroom Private entrance Garden Area
Flat 2: Currently rented for R3900pm 2 Bedroom 1 Baby room 1 Bathroom Private entrance Garden Area
Flat 3: Currently rented for R3900pm 1 Bedroom 1 Office 1 Bathroom Small Garden
Flat 4: Currently rented for R3500pm 1 Bedroom 1 Bathroom Small Garden
Flat 5: Currently rented for R3900pm 2 Bedroom 1 Bathroom
Features
Bedrooms 11
Bathrooms 8
Flatlet 5
Recep. Rooms 7
Study 2
Garages 2
Land Size 1,779m²
Carports/Parkings 6