R490 000
Monthly Bond Payment: R
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22 Mbalane Road
4 Bedroom House For Sale in Umlazi J
22 Mbalane, Road
Monthly Bond Payment: R
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Very rare to find in Umlazi-1150sqm
2 plot sizes plus 4 separate rooms each with own electric meters all sharing 1 bathroom and toilet.The building is run down and needs lots of renovation.This has always been used for low cost rental rooms typical of the township arrangement popularly known as "amakotishi".
This property is big enough to fit 20 units comfortably plus parking.Rental demand is at a record high. If property investments with low rates and no levy payments is what you looking for then this is it.
Call Jacques to view . Start your passive income portfolio now
Bond Payments | R |
Mun. Rates & Taxes | ZAR 350 |
Web Ref | RXBN-2492 |
Property Type | House |
Erf Size | 1150m2 |
Bedrooms | 4 |
Bathrooms | 1 |
Jacques Mbatha
Candidate Property Practitioner
RE/MAX Tricolor (Westville)
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Monthly Bond Payment: R