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R850,000

Monthly Bond Repayment R7,511.54
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

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Monthly Rates
R247

INVESTORS DREAM - GREAT INCOME

This property is situated in Belhar area and a great fixer upper. Close and easy access to R300 and shopping mall.

The main house has 2 bedrooms, a kitchen and lounge area, with building plans to extend. There are 2 x 2 bedroom flatlets - one is completed and has 2 bedrooms, kitchen lounge area with a bathroom. The other one needs TLC - 2 bedrooms, lounge, kitchen and toilet with basin - shower incomplete.

This property is ideal for students accommodation - Rental income on main house is R4 500 pm and flatlet R4 500 pm. The owner lives in the upstairs flatlet.

Do not miss out on this property!!! Make your appointment today!!

Features

6
3
Interior
Bedrooms
6
Bathrooms
3
Kitchens
1
Exterior
Carports / Parkings
1
Flatlet
2
Sizes
Land Size
284m²

Belhar, Cape Town

According to many people, Cape Town is the crown jewel of South Africa. With its blend of eclectic architectural styles, beautiful white-sand beaches, seemingly endless list of beautiful places to see and plethora of things to do, it's no wonder that Cape Town has been receiving a long list of awards. In recent years, Cape Town has had various honours bestowed upon it, such as "World's Leading Festival and Events...
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Semigration and tourism pickup to boost to Cape rental market
It is not just the demand for residential accommodation that drives the Cape Town rental market, but added economic drivers such as tourism, conventions and events, corporate contracts and semigration according to the Seeff...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,511.54

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