Web Ref TPR116
POA
0 65 Garcia street, Cambridge, East London
Monthly Bond Repayment R11,354.07
Calculated over 20 years at 11.0% with no deposit.
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2 x 2 Bedroom Houses on Auction in Cambridge. Excellent Investment Property
ONLINE AUCTION
4th December 2024
Investment Opportunity with Great income Potential.
A chance to own TWO income-generating properties with a monthly rental return of R14 000 p/m.
This well-maintained property includes both a 2-bedroom house and a 2-bedroom flat, each with a separate entrance, offering privacy and convenience for tenants or extended family.
Set in a desirable area with easy access to local amenities, shopping centres and public transport.
This property is located directly opposite Cambridge school.
This is a perfect property for investors seeking dependable rental income or homeowners looking to offset bond costs with rental earnings.
Main house:
- 2 Bedroom with built in cupboards
- 1 family bathroom
- Kitchen
- Lounge
- Small garden
- Parking available for 2 vehicles
Second House:
- 2 bedrooms with built in cupboards
- 1 family bathroom
- Dining room
- Large garden and Braai Area
- Parking for 1 vehicle
Deposit: 15% deposit required on the fall of the hammer
Conditions of Sale: Subject to a 10% commission + VAT on the purchase price.
Please Note:
Bidding online is for cash bidders only! Should you require finance we are able to assist with raising funds, which will need to be done prior to the auction date.
Donât miss this chance to secure a wonderful home in a prime location! Contact us today for more information or to arrange a viewing before the auction.
4th December 2024
Investment Opportunity with Great income Potential.
A chance to own TWO income-generating properties with a monthly rental return of R14 000 p/m.
This well-maintained property includes both a 2-bedroom house and a 2-bedroom flat, each with a separate entrance, offering privacy and convenience for tenants or extended family.
Set in a desirable area with easy access to local amenities, shopping centres and public transport.
This property is located directly opposite Cambridge school.
This is a perfect property for investors seeking dependable rental income or homeowners looking to offset bond costs with rental earnings.
Main house:
- 2 Bedroom with built in cupboards
- 1 family bathroom
- Kitchen
- Lounge
- Small garden
- Parking available for 2 vehicles
Second House:
- 2 bedrooms with built in cupboards
- 1 family bathroom
- Dining room
- Large garden and Braai Area
- Parking for 1 vehicle
Deposit: 15% deposit required on the fall of the hammer
Conditions of Sale: Subject to a 10% commission + VAT on the purchase price.
Please Note:
Bidding online is for cash bidders only! Should you require finance we are able to assist with raising funds, which will need to be done prior to the auction date.
Donât miss this chance to secure a wonderful home in a prime location! Contact us today for more information or to arrange a viewing before the auction.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Furnished
No
Exterior
Security
No
Flatlet
1
Pool
No
Sizes
Land Size
493m²
