The Reeds, Centurion, Gauteng ID 689387
House
6.0
7
330m2
1277m2
On-Show Sunday 17 February (12h00 - 14h00) - By prior appointment only: Pre-School / After-School or Residential accommodation business opportunity in The Reeds, Centurion! Just imagine owning this lucrative property that effortlessly generates an income for you! Picture this: an investment opportunity presenting four spacious 1 Bedroom Self Catering Units, each boasting its own private Entrance, Kitchenette, en-suite Bathroom, Private Parking, Pre-paid Electricity, dedicated Geyser, and a charming communal Garden with ample visitor parking. With each unit commanding a rental rate of R 5 000.00 per month, the total income amounts to an impressive R 20 000.00. These Units can easily be converted into pre-school / after-school Classrooms + an administration Centre. Property situated within walking distance from Primary and High schools. But that's not all! This offering also includes a meticulously maintained 3 Bedroom Family Home, featuring a generous Lounge/TV Room equipped with a built-in Braai and sliding door leading to the garden, an open-plan Dining Room, Kitchen with a separate Scullery, and three Bedrooms with built-in cupboards. The master bedroom enjoys the luxury of an en-suite bathroom, while a second bathroom offers a bath, shower, basin, and toilet. Completing the package, outside awaits a double garage and storage room. Now, seize the opportunity as the current owner retires, making this profitable property available for acquisition! Projected repayment @ 11.75% interest: Period: 20 Years Monthly Payment: R 29 508.00 Rental Income: R 20 000.00 Balance: R 9 508.00 Rarely does an opportunity of this caliber present itself in Real Estate! Erf Size: 1 277 m² Floor Area: 330 m² Rates and Taxes: R 1 477 Please contact Gibbon or Amanda for viewing arrangements.
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