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R1,999,000

Monthly Bond Repayment R21,663.30
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,042

Prime Investment Opportunity: Triple-Story Income-Generating Property with 4 Units .

Introducing a lucrative opportunity in the heart of Isipingo Hills , this income-generating property stands tall on a generous 1009 square meter plot, offering a triple-story layout designed for maximum utility and profitability. Boasting four separate units, each meticulously crafted to provide independent living spaces, this property is an investor's dream.

Each unit within this property is fully equipped with its own kitchen, living area and bedrooms, ensuring privacy and convenience for tenants. Additionally, two of the units feature expansive balconies, perfect for enjoying the scenic views and enhancing the overall living experience.

With its strategic location and versatile design, this property presents an array of income-generating possibilities. Whether utilized for student accommodation, permanent rental or multi-family housing, the potential for steady returns is undeniable.

Comprising a total of 12 bedrooms and 7 bathrooms, including two ensuites, this property offers ample living space to accommodate a variety of tenant needs. Four distinct living areas further enhance the property's appeal, providing flexibility and comfort for residents.

Don't miss out on this exceptional opportunity to capitalize on the growing demand for rental properties in Isipingo .

Close to the Isipingo business area , Toyota and the Galleria Mall .
Schedule a viewing today and unlock the potential of this income-generating gem.

Features

12
7
1
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
7
Kitchens
4
Reception Rooms
6
Exterior
Garages
1
Carports / Parkings
10
Security
Yes
Sizes
Land Size
100m²
Extras
24 Hour Response • Air Conditioner • Alarm System • Balcony • Garden • Granite Tops • Guest Toilet • Scullery • Security Gate • Sliding Doors • Built in Wardrobes • Burglar Bars • Curtain Rails • Driveway • Laundry • Open Plan • Oven & Hob • Tiled Floors • Totally Walled • Veranda • Fan • Paveway • Wendy House
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

21,663.30

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