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R3,390,000

Monthly Bond Repayment R36,737.67
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,000

ATTENTION ALL INVESTORS - INCREDIBLE ROI!!!

We present an exceptional opportunity in Brooklyn that demands your immediate attention. This property is currently fully leased out and offers a lucrative investment prospect.

Currently fully LET
• 10 x 1 Bedroom Units
• 10 x Bathrooms - Showers (Gas Geyser) & Toilets & Basins
• 2 x Communal Kitchens
• 10 x Secured Parking
• 10 x pre-paid Electricity Meters

Water on Owners account,
Gas on Tenants account

Rates and Taxes = (+\-) R10 000
Rental Income = R4 400 per unit
Annual Income = R528 000

This investment opportunity in Brooklyn promises not only immediate returns but also long-term growth potential in a thriving rental market. Do not miss out on this chance to maximize your investment portfolio with a property that delivers exceptional ROI.
Contact us now to seize this opportunity and secure your stake in this lucrative venture!

Features

10
10
Interior
Bedrooms
10
Bathrooms
10
Kitchens
2
Exterior
Carports / Parkings
8
Security
Yes
Sizes
Floor Size
153m²
Land Size
357m²

Brooklyn, Milnerton

Milnerton is a sought-after area of Cape Town, situated within easy reach of the Mother City's CBD. It boasts breathtaking views and stunning beaches, together with an array of shopping centres, restaurants and amenities. In short, there are many reasons to make Milnerton your next home. A brief history of the area  The suburb of Milnerton came into existence in 1902 and gets its name from Sir Alfred...
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Why you should be sold on a sole mandate
Too many cooks in the kitchen can spoil the broth, resulting in chaos and burnt offerings. The same applies to enlisting more than one property practitioner to sell your home. You might think the sale will go smoother and faster...
 
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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

36,737.67

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