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Description

Your road to financial freedom starts right here!
This precious investment property in Gezina, Pretoria will accelerate your journey to financial freedom with an attractive double-digit cap rate.
The vacancy rate of less than 1 percent over the last few years is an indication of the popular demand for this type of property and a reliable indicator of future stable cash-inflows.
It has 21 rooms each with prepaid electricity, 1 en-suite bathroom, 7 bathrooms and 2 fitted communal kitchens. Communal areas have Tshwane electricity.
Solar geysers (2x 300 Lt) provides ample warm water at a fraction of the normal cost.
Ample open and under-cover parking is available.
Existing renting agreements for 6 months are in place

Mortgage financing from major banks may be available at a 60 percent loan to value ratio (meaning financing for up to 60 percent of the purchase price of the property).  Leverage someone else's money to finance your new valuable asset!

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Details

Updated on September 23, 2021 at 1:39 pm

  • Reference #: 1314861
  • Price: R3,239,000
  • Suburb / Town: Pretoria
  • Property Type: House
  • Bedrooms: 21
  • Bathrooms: 7
  • Living Areas: 1
  • Building Size: 1.0 ㎡
  • Stand Size: 1160.0 m²
  • Rates & Taxes: R 2500

Additional Features

  • Carports:4
  • Bedroom Features:
  • tiled, prepaid electricity
  • Bathroom Features:
  • tiled, one en-suite
  • Kitchen Features:
  • 2 functional kitchens
  • Garden Features:
  • maintainable
  • Security Features:
  • burglar bars,surrounding wall,alarm

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* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.