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.