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R1,800,000

Monthly Bond Repayment R19,506.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R0.0
Monthly Rates
R1,125

Income Generating Property with office space .

With a total of 9 spacious bedrooms, each occupied by reliable tenants who contribute to a steady income stream, this property is a fantastic investment. What sets it apart is that each rental room has its own electricity meter, allowing for seamless management and individualized billing.

The benefits of this investment are immediately evident, as you'll begin enjoying returns right from the start. A communal kitchen serves as a convenient space for residents to prepare their meals, enhancing the overall appeal of the property.

Adding to its value, the double-story flatlet has been repurposed as office space and is currently leased with a guaranteed tenant in place for the next 6 years. This reliable income source further solidifies the attractiveness of this property.

This property is fully fenced, ensuring the safety and privacy of residents and occupants. Ample parking space is available, catering to the needs of both tenants and visitors.

Situated close to all amenities, this property is conveniently located, providing easy access to essential services and facilities.
Whether you're a seasoned investor or new to the property market, this opportunity offers both financial stability and potential for growth.

Don't miss out .

Give me a call to view .

Features

9
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
2
Kitchens
1
Sizes
Land Size
1,013m²
Extras
Burglar Bars • Totally Walled
 
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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

19,506.73

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