8 Bedroom house for sale in Bell Glen, Macassar

Families can live well together while Investors can Cash in.

Did you know up to 12 family can buy 1 property together jointly? Now here is a property you all can live together. You can even bring the in-laws and still live separate and independent.
This spacious property offers at least 3 x separate units under one roof, each with Family bathrooms and main bedrooms with En-suite.

Investors here is an opportunity to have multiple income from one property with Tenants, Low maintenance.

Unit 1 - Consist of 3 x Bedrooms (Main en-suite) with BIC's, Family bathroom, Kitchen with Hob, Oven & Fan.
Unit 2 - Consist of 3 x Bedrooms ( Main en suite) with BIC's Family bathroom, Kitchen with Hob, Oven & Fan.
Unit 3 - Consist of 2 x Bedrooms (Main en-suite) with BIC's Family bathroom, Kitchen with Hob, Oven & Fan.

This majestic face brick double story house with modern finishes has a lot to offer and is situated in a quite area of Macassar.

This unique property has a two way water system (Municipal water supply & a Bore hole with filtration system) therefore you have the choice to use either one of the two, if Bore Hole then no charge for Water by the Municipality. Rates & Tax of this property is very low.
Each Unit has own electricity meter.
Joint income of - 12 people buying together R4 500 each
- 6 people buying together R9 000 each
- 2 people buying together R27 000 each - if you rent out the the other two units you could have your bond
paying itself.
A total joint amount of R 54 000 income qualifies you for this magnificent HOME.

Bond repayment at : 7.5% = R 14 492.62
: 8% = R 15 047.56
: 9% = R 16,186.07

Projected Rental income for investors above R 17 000 (if all three units are occupied)
Close to all amenities.