R1,750,000
R1,750,000
Monthly Bond Repayment R18,662.52
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R524
R524
Family Home or Investment Opportunity in Maitland !
Welcome to this Fantastic 6 Bedroom Home in Maitland | Bond Approval and Assistance available*
Great yielding Investment Opportunity: Ideal for Extended Family Living or Lucrative Business Venture and increasing Portfolio value. (R19 000 income om)
**Important**
Quay 1 exclusively brings you this 6 bedroom, 2.5 bathroom classically built and designed home via our Latest, "Request-for-Proposal", NON DISTRESSED process whereby you have the opportunity to put your best offer forward to own this piece of prime Maitland Real Estate.
Bidding starts: 07/09/2024 at 12:00 midday (Saturday)
Closing date: 08/09/2023 at 12:00 midday (Sunday)
Contact your Agent now to set up a viewing and put your request in !
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Property Details:
GR4 Zoned*
Explore a rewarding investment opportunity with exceptional versatility and potential. Located in a highly desirable area, this property features two spacious semi-detached homes, each ready for your creative touch. Whether you're aiming to provide an ideal living space for extended family or looking to invest in a lucrative business venture, this property offers extensive possibilities.
Both homes are in need of some TLC and modernisation but present an excellent chance for renovation. Each unit includes three generous bedrooms, two well-designed kitchens, and comfortable living areas. The practical layout is complemented by one and a half bathrooms on one side and a single bathroom on the other, making the homes functional for residents. Plus, each side comes with its own parking bay, enhancing the property's appeal.
A key advantage of this investment is the presence of dependable, rent-paying tenants, which means you can start earning rental income right away. This allows you to benefit from immediate cash flow while planning for future upgrades and increased profitability.
Rates and Taxes : +/- R524
Prepaid water and Prepaid Electricity for units
Important!!
"Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.
Bond Approval and Assistance available*
Take the next step towards realising your investment aspirations. Contact us today to schedule a viewing and explore the possibilities awaiting at this remarkable property.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
2.5
Kitchens
2
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
94m²
Land Size
316m²
Maitland, Cape Town
Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.