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R520,000

Monthly Bond Repayment R5,635.28
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,100
Monthly Rates
R450

Investment property for sale next to Gautrain station

A modern one-bedroom apartment on the third floor sounds like a cozy space with a touch of elevation. Having a modern kitchen adds functionality and style, making meal preparation a pleasant experience. And the proximity to the Gautrain station makes commuting hassle-free, offering convenience and saving time. It sounds like an ideal setup for someone looking for urban living with accessibility in mind

Indeed, this setup sounds like a promising opportunity for property investment. Having a tenant already in place means immediate income generation, providing a steady stream of revenue for the investor. Additionally, the apartment's location within walking distance to the Gautrain station enhances its appeal, as it offers convenience not only for the current tenant but also for future renters, increasing its potential for long-term occupancy and profitability. Overall, it seems like a smart investment choice, combining a desirable location with existing rental income.

Features

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1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Furnished
Extras
24 Hour Access

Grand Central, Midrand

About the suburb of Grand Central Grand Central is a small suburb in the heart of Midrand, Gauteng, South Africa. It is bordered by the Midrand CBD, the Grand Central Airport, and the N1 highway. Despite being a small suburb, Grand Central offers many amenities and attractions, making it a desirable place to live. Grand Central is primarily a commercial and industrial area, with several large...
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In the news

Young buyers drive high demand for affordable Midrand property
Midrand is a vast area linking Johannesburg and Pretoria. It is one of the fastest growing areas, attracting 47% millennial buyers, among the highest in the country over the last year according to Charles Vining, managing...
 
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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

5,635.28

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