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R1,195,000 | 8 Bedroom Freehold For Sale in Protea Glen

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R1,195,000

Monthly Bond Repayment R12,334.65
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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8 Bedroom Freehold For Sale in Protea Glen

Commercial opportunity in Protea Glen.

6 rental units which can fetch R2500 in the current market as well as a two bedroom house.

6 self contained outside units which can yeild R15 000 p/m. Note that the outside structure is designed to go up/build a further 6 units which would bring the total income to R30 000.

The existing house consists of two bedrooms, kitchen,lounge,seperate bathroom and toilet. Rental income for the house is currently R5000.

Massive yard to further develop more apartments. Great value proposition.

Call for private viewing.

Features

8
7
Pets Allowed
No
Interior
Bedrooms
8
Bathrooms
7
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
15
Flatlet
6
Pool
No
Sizes
Land Size
731m²
1
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