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Lotus Park, Lotus Park, Isipingo, KwaZulu-Natal
R 860 000
Good location. Excellent rental income. There is 6 rental units on this property. All have their own geysers and water and elec meters. The garage brings in an income of R2000 excluding lights and water. The flatlet income is R1200 Excluding lights and water. The main en-suite brings an income of R1900 excluding lights and water. The second en-suite brings in an income of R2200 excl lights and water. Upstairs unit bring an income of R2750 excluding lights and water and the main portion can bring in an income of R5000. Net rental income a month of R15 000. UPPER HIGHWAY ESTATES CC trading as RE/MAX Toti (Amanzimtoti) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 8 121
on a R 774 000 bond over 20 years at 11.25%
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Lotus Park, Lotus Park, Isipingo, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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