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R3,499,000

Monthly Bond Repayment R37,918.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Earn Passive Income - 4 Houses 3 Air B&B ---Plus!!!

Very lucrative property with multiple sources of income potential! with the location being only 10km from Southgate, and 5km from Swartkoppies drive - it's easy to see why this property is in such high demand.

The fact that the property includes 4 houses and 3 newly-built bachelor pad units for Air B&B rentals is impressive. This provides multiple streams of passive income, and the modern amenities and designs of these units will surely attract a lot of interest from potential guests.

Additionally, having stables and open agricultural land is an added bonus, as it provides even more potential for income generation or other uses such as farming or equestrian activities.


The modernized main house with a massive study, TV and formal lounge, kitchen with separate wash-up area, dining room, 3 bedrooms and 2 bathrooms, and a main bedroom en-suite with pajama lounge and gym is impressive. The fenced-in playground and Lapa provide additional recreational spaces, which will be perfect for families with children.
The other Three houses with private gardens parking and pre-paid meters also provide additional rental potential for long-term tenants or vacation rentals.
House 2 - Consists of 3 Bedrooms Bathroom Open Plan House 3 - Consists of 2 Bedroom Bathroom Open Plan
House 4 - Consists of 1 Bedroom Bathroom Open Plan numbers of bedrooms

Overall, this is an excellent investment opportunity for anyone looking to generate passive income or start a business in the hospitality or agricultural industries. With the borehole and water tank, the property is self-sufficient, and the monthly generated income can only add to the property's value.

Features

9
5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
5
Kitchens
1
Reception Rooms
7
Studies
1
Sizes
Land Size
21,413m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

37,918.91

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