7 Bedroom House in Arbor Park

R 2 200 000

Deon Immelman

Property Time-PropertyTime

7 Bedroom House in Arbor Park

R 2 200 000

Can I afford this?
7 Beds
6 Baths
8 Garages
Land Area 1585 m²

This well located property offers a good income as a Bead & Breakfast as well as Rental Potential on a Permanent basis. It offers 4 fully furnished units which earns R 500 per day each. This property is situated 500m from the main road passing Newcastle between Ladysmith and Volksrust. It is also located 500m from the Blackrock casino and the Newcastle Mall. Current units has the potential to earn R 48 000 per month. Additional 3 units can be commissioned without major cost which will increase the income with R 36 000 per month totalling to R 84 000 per month. Call for A fiewing on this excellent business opportunity.

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Key Property Features

7
Bedrooms
6
Bathrooms
2
Dining Areas
8
Garages
2
Lounges
Alarm
Balcony
Furnished
Garden
Kitchen
Laundry
Patio
Pets Allowed
Staff Quarters
Study

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Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% for 20 years
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Similar Property for Sale in Arbor Park

7 Bedroom House in Arbor Park

R 2 200 000

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