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6 Bedroom House For Sale in Orange Grove

R1,450,000

23 Second Street

Monthly Bond Repayment R14,720.82
Calculated over 20 years at 10.75% with no deposit.

Web Ref No RL91899

INVESTOR OPPORTUNITY! Cash positive from day one. 6 bedrooms with 4 bathrooms -fully let!

Lifestyle Property Group proudly presents 23 Second Street Orange Grove for the investor looking to be cash positive from day one!

The main house consists of 4 bedrooms and 2 bathrooms. One of the bedrooms is en suite with its own private bathroom, while the three remaining bedrooms share the second bathroom.

The kitchen is shared by all 4 rooms.

Prepaid water and electricity meters are installed throughout the house.

External to the main house there are 2 garden units, each with 1 bedroom and 1 bathroom.

Centrally located with easy access to public transport, good schools, restaurants and entertainment opportunities.

The property is fully let and managed by All Space at this time. The current monthly income is, not limited to, R18 050.00 per month as rentals are not at a premium at this time.

For a longer term investment plan 23 Second Street is one of two investment properties that can be bought either separately or together. Both properties fall into the "Corridor of Freedom", an area that has been identified for high density development. The two properties on offer at this time are separated by two additional erfs. If the additional two erfs are acquired as part of a long term investment plan there is written COJ approval to build an eight story building, with 200 studio apartments.

Investing in property creates now income and future wealth.

Don't delay in calling me for your private viewing!

Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.

Features

Bedrooms 6
Bathrooms 4
Flatlet 2
Land Size 495m²
Monthly Rates R751.00

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