R2,500,000
R2,500,000
Monthly Bond Repayment R26,660.74
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Large land with 4 houses in Howick west
Exciting Investment Opportunity in Howick – A Perfect Property for Rental Business!
Welcome to an exceptional opportunity to become an entrepreneur in one of Howick's most sought-after areas! This property is a dream come true for anyone looking to enter the property rental business or expand their current portfolio.
Situated in a prime location, this property already offers multiple existing houses for rental, ensuring a steady income from day one. With a current monthly rental income of R18,000, the property provides a fantastic foundation for further business growth.
What makes this opportunity even more compelling is the potential for expansion. The property is large enough to build additional houses, giving you the chance to grow your rental business even further and increase your returns.
Whether you're a seasoned investor or someone new to property ownership, this is a golden opportunity to capitalize on a thriving market.
Key Features:
Established rental income of R18,000/month
Multiple properties already generating rental income
Ample space for future expansion and development
Located in a desirable and high-demand area of Howick
Don’t miss out on this incredible chance to own a property with immediate income potential and endless opportunities for growth. Act quickly, as this rare opportunity won’t last long!
Grab this opportunity today and make your property business dreams a reality!
Features
Interior
Bedrooms
13
Bathrooms
2
Kitchens
1
Reception Rooms
3
Sizes
Land Size
3,500m²
Howick West, Howick
Howick
Howick is a town located in the uMgungundlovu District of KwaZulu-Natal Province, South Africa. The town is 1050 m above sea level, and about 88 kilometres from the port city of Durban. It enjoys warm summers and cool dry winters. A snappy chill descends upon Howick when snow falls on the nearby Drakensberg. The town is located on the N3 freeway, connecting it with the rest of South Africa.
Howick is in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.
