Monthly Bond Repayment R72,517.21
Calculated over 20 years at 11.5% with no deposit.
Web Ref No 6660318
2HA PLOT FOR SALE ON THE OUTSKIRTS OF TZANEEN WITH GOOD RENTAL INCOME
This valuable property is strategically located close to town and offers a significant opportunity for development in a beautiful and secure environment.
Ideal for buyers looking to own and occupy or to buy as an investment property which could be expanded further.
Currently, the property consists of: - a school - variety of houses/flatlets (8 in total); each fitted with pre-paid meters and shade net for under-roof parking - storage rooms
The rental income is R62 000,00 per month. *School has long-term lease in place.
Water: Municipal and borehole
Electricity: 3 phase
Fencing: Fully fenced in
Fruit trees: Litchi, mango, avocado & citrus
The property has been rezoned for Agriculture.
Cash Deal or 50% deposit and balance through bank. Owner also willing to look at direct paying-off transaction over 6 months.
Don't miss this golden opportunity to invest in property close to town!
Features
Bedrooms 20
Bathrooms 10
Study 1
Garages 1
Land Size 2Ha
Carports/Parkings 1
Pool Yes
Agent Contact Details
Zagonell Van Der Walt
Candidate Property Practitioner Registered with PPRA (FFC 202 371 465 42)