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R1,400,000

Monthly Bond Repayment R15,171.90
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

INVESTMENT PROPERTY FOR SALE IN EMBALENHLE

This investment property comprises six fully fitted bachelor flats, each equipped with wardrobes and kitchen units featuring granite tops.
Each unit includes a bathroom with a toilet, sink, and shower. Additionally, the property offers a shared laundry room for convenience.
Security features include a total perimeter wall with an electric fence and an electric gate, ensuring safety and privacy. Situated in a prime location close to the main road, this property offers convenience for shopping and entertainment, making it an attractive investment opportunity.
This investment property generates R16,800 per month in rental income and presents an excellent opportunity for steady rental income in a desirable location with essential amenities nearby.

Features

6
6
Interior
Bedrooms
6
Bathrooms
6
Kitchens
6
Sizes
Floor Size
225m²
Land Size
468m²
Extras
Blinds • Built in Wardrobes • Burglar Bars • Curtain Rails • Electric Fencing • Satellite Dish • TV Port • Tiled Floors • Totally Fenced • Totally Walled • Washing Machine Connection • Laundry

Embalenhle, Secunda

Area Profile: Embalenhle Embalenhle is a township which was established in the 1970's. Serving as a neighbouring rural area to Secunda. It is 19,65 square kilometres, in comparison to the larger town of Secunda which is 173,7 square kilometres. Both are found on what is known as the energy belt of South Africa. Secunda Synfuels Operations which is based in Secunda, receives coal from five mines in Mpumalanga, and...
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Selling property during Lockdown
Despite the challenges of the Covid-19 Lockdown, Seeff’s agents continue concluding offers to purchase with many deals already finalised and taking many new mandates. Buyers are keen to take advantage of the low interest...
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

15,171.90

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