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14 Milky Way, Signal Hill, Newcastle, KwaZulu-Natal
R 4 900 000
EXCLUSIVE MANDATE: Perched at the top of a terraced garden, the main spacious open-plan home of this income-earning property, enjoys beautiful views of town. The property is a small complex on 2 separate plots, offering safe, secure living. The main home is almost off the grid and extra income is earned from the 4 cottages on the property, making this investment and excellent choice for multi-generational families or for retired persons wanting to downscale while earning a tidy rental income to supplement their pensions. The property would be a great addition to a rental portfolio for property investors. The developer's building design style was crafted with low maintenance front of mind. Located in a quiet suburb, peaceful living is enjoyed here. Features
Estimated monthly repayment
R 46 272
on a R 4 410 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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14 Milky Way, Signal Hill, Newcastle, KwaZulu-Natal
Area view — the exact address is shared on enquiry.