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3 Bedroom House For Sale in Ivydale

R1,150,000


Monthly Bond Repayment R12,462.63
Calculated over 20 years at 11.75% with no deposit.

Web Ref No 6103332

AN INVESTMENT OPPORTUNITY KNOCKING AT YOUR DOOR!

This is a property with great potential for investment due to its location and features. Being close to the central business district (CBD) is a definite advantage, as properties in such locations often hold or appreciate their value well. The spacious yard with carport parking is currently being used as a car wash while the 3 bedrooms, 2 bathrooms, 1 garage, kitchen and lounge building is used as an office space which is a positive attribute that can attract different types of tenants or customers.

The fact that the yard is currently being used as a car wash and the building as an office space indicates versatility in potential use. The property's proximity to the CBD suggests that it could also be transformed into a student accommodation, which is in demand in many urban areas. Proximity to educational institutions and other amenities often makes student accommodations a lucrative investment.

Features

Bedrooms 3
Bathrooms 2
Recep. Rooms 1
Garages 1
Land Size 748m²
Carports/Parkings 3
Monthly Rates R350.00

Agent Contact Details

Byron Thovhakale
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 529 27)

Cell 0718628782
Office (082) 9531686
Erika Retief
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 332 707 6)

Cell 082 953 1686
Office (082) 9531686
Leahan Retief
Candidate Property Practitioner
Registered with PPRA
(FFC 202 371 431 37)

Cell 073 201 3590
Office (082) 9531686

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