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R2,250,000

Monthly Bond Repayment R24,383.41
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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3 Bedroom Apartment Block For Sale in Manzini

A great investment opportunity in Manzini that offers a 3-bedroom house and 2x2-bedroom houses all to-let is a property in Ngwane Park. This neighbourhood is desirable and located close to all amenities, including schools, shops, and restaurants.

The 3-bedroom house has 2 bathrooms, and the 2x2-bedroom houses each have 2 bedrooms and 1 bathroom. All units have carports. The property is currently for sale for E2,250,000.

This is a great investment opportunity because it offers the potential to generate a significant amount of rental income. The 3-bedroom house is rented out for E6,000 per month, and each 2x2-bedroom house is rented out for E3,500 per month. This means that the property generates a monthly rental income of E13,000.00

Another advantage of this investment opportunity is that the property is located in a desirable area. This means that there is a high demand for rental properties in the area, and you are likely to be able to find tenants quickly and easily.

Finally, the property is in good condition and does not require any repairs. This means that the property is generating rental income immediately after purchasing the property.

If you are looking for a great investment opportunity in Manzini, I highly recommend considering this property. It offers a number of advantages, including a high potential for rental income, a desirable location, and the fact that it is in good condition.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3

Manzini, Manzini

Manzini is the largest city in eSwatini, it is also the capital of the Manzini Region. It is the second largest urban centre behind Mbabane. Manzini is the commercial hub of eSwatini. The region of Manzini borders the Mpumalanga Province of South Africa. To the north is the Hhohho region, with Lubombo to the east and Shiselweni in the south. Climate in Manzini eSwatini The climate in Manzini is subtropical....
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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

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%

Monthly Payment

24,383.41

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