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R2,995,000

Monthly Bond Repayment R28,902.40
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R2,050

Superb investment or retirement plan!

This property is completely level and all buildings are single storey, comprising of 3 separate buildings. All in excellent state of repair with tenants eager to extend leases.

1. Building 1 - Includes a renovated 3 bed 2 bath main home with Oregon floors, high ceilings, lovely pool, patio and gas fitted kitchen PLUS an adjacent 2 bed flat partitioned via a dry-walled doorway. Easy conversion to 5 bed, 2 lounge, 3 bath, study, main house if needed.

2., Building 2 - Incorporates a 1-bed flat with garage and own garden and a 45 sq m Studio flat. The garage can be included in either for added space.

3. Building 3 - is currently a 3 bed flat with own garden.

All flats have their own electricity meters, gas geysers and allocated undercover parking, with a current income of R23,500 p.m [all on monthly tenancy]. excluding the main house, with potential total rental income of R38,000 p.m.

The property is set on an acre of land opposite the Primary School, Old Age ome and close to shops and freeway. Be quick for this super investment.

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Furnished
No
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Flatlet
3
Pool
Yes
Sizes
Floor Size
550m²
Land Size
3,679m²

Kloof, Kloof

Kloof is well-known as being characterised by a relaxed, sophisticated way of life. It gets its name, which literally means "gorge" in Afrikaans, from the deep ravine which was formed by the Molweni stream. It is a well-loved suburb in the Upper Highway area, renowned for its winding, tree-lined roads and luxurious houses. Situated in close proximity to other well-loved areas such as Gillitts and Hillcrest, it is...
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

28,902.40

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