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Madeira Park, Madeira Park, Queenstown, Eastern Cape
R 450 000
Investment Opportunity in Horizon View – Why Pay Rent When You Can Own? An exciting opportunity has become available in the sought-after Horizon View development. Whether you are a first-time homebuyer looking to step onto the property ladder or an investor searching for an excellent value-add opportunity, this property offers exceptional potential. While the home requires some repair work due to existing damage, it has been competitively priced to reflect the improvements needed. This presents the perfect chance to renovate to your own taste while adding significant value to your investment. With monthly bond repayments that could be comparable to, or even less than, rental payments, this is an opportunity to invest in your own future instead of paying someone else's bond. Once the necessary repairs have been completed, the property's value and rental potential make it an excellent long-term investment with the prospect of strong capital growth and attractive rental returns. Property Highlights: Located in the popular Horizon View development. Affordably priced with outstanding value. Ideal for first-time buyers or investors. Excellent opportunity to add value through renovations. Strong future resale and rental potential. A smart investment in a growing neighbourhood. Don't miss this chance to secure an affordable property with enormous potential. Contact me today to arrange a viewing and discover how this opportunity can become your next successful investment.
Estimated monthly repayment
R 4 249
on a R 405 000 bond over 20 years at 11.25%
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Madeira Park, Madeira Park, Queenstown, Eastern Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
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Listed by
Zanele Van Wyk
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