R800,000
Monthly Bond Repayment R8,257.51
Calculated over 20 years at 11% with no deposit.
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2 Bedroom House For Sale in Mount Michael
Investment delight, Live in one, rent out the other
Offering an expansive area of cultivated land boasting very well shaded areas to enjoy. However, that is not the best of it, the property has two buildings on it and currently both are rented out. Achieving R 11,200.00 pm in rental, which will more than cover a bond of R 8 257.00. Both units have pre-paid electricity meters on, and the water is shared.
Both units have covered parking space ( the 2 bedroomed unit has a double carport) plus both have a shed each, there is a shared driveway with remote access ( it is shared with the owner of number 20 who is the owner of this plot, who is selling the top half off.
Each unit is fenced and then the entire area of the two plots is fenced off too.
So, if you are looking for peace and quiet country living, with an opportunity to achieve a lot of your bond paid for, then this is the spot for you.
Call me, let’s explore the opportunity.
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