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R8,498,000

Monthly Bond Repayment R92,093.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,900

INVESTMENT OPPORTUNITY - STUDENT ACCOMMODATION .

Perfect for an INVESTMENT opportunity for someone that is building their PROPERTY portfolio . Let your investment earn you an extra income .

This block of flats is ideal for student accommodation or one could take over the current leases .

This complex comprises of 20 FLATS which is as ff
16 Units have two bedrooms, open plan lounge, dining room, kitchen, bathroom, single parking , pre paid meters for lights and water
3 Units have one bedroom ,open plan lounge, dining room, kitchen, bathroom, single parking, pre paid meters for lights and water .
1 Unit is used for staff accommodation .

There are 16 units that is currently been rented out with an income of +-R 90 000 per month .
Your investment is already earning you an income that can assist you with your bond repayments .
Close to all amenities.
Think smart and make the smart move by giving me a call to view .

Features

20
1
Interior
Bedrooms
20
Bathrooms
1
Exterior
Carports / Parkings
20
Security
Yes
Sizes
Land Size
2,029m²
 
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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

R 

92,093.43

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