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R2,200,000

Monthly Bond Repayment R23,841.56
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,000

Investment Opportunity in Kinross

Looking for the perfect investment property? Your search ends here! Nestled in the tranquil surroundings of Kinross, this recently painted property boasts modern features, aluminum windows, and a fully fenced yard. It comes fully furnished, making it an ideal turnkey investment opportunity.

Property Features:
Located in a serene area of Kinross
Freshly painted interior
Aluminum windows for durability and aesthetics
Fully fenced yard for privacy and security
Modernized interior with contemporary furnishings

Unit Breakdown:
1. Two-Bedroom Unit:
Shared bathroom
Fully fitted kitchen with essential appliances
Furnished with a bed in each room, dining table, couch, and TV stand
Currently rented for R6000 per month

2. Three-Bedroom Unit:
One shared bathroom
Spacious, modern kitchen with ample cupboard space, eye-level oven, and granite countertops
Bedrooms furnished with beds
Includes dining table and additional furniture
Currently rented for R7500 per month
3. Bachelor Unit:

Furnished with all necessary furniture
Currently rented for R5500 per month

Additional Features:
Ample outdoor space
Double carport for parking convenience
Wendy house for extra storage

Income Potential:
With an approximate monthly income of R19,000, this property offers a lucrative investment opportunity.

Don't miss out on this incredible investment opportunity! Call today to schedule a viewing and secure your future in real estate

Features

6
3
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
2
Sizes
Floor Size
271m²
Land Size
737m²
Extras
Blinds • Built in Wardrobes • Curtain Rails • Garden • Open Plan • TV Port • Tiled Floors • Totally Fenced • Washing Machine Connection • Wendy House

Kinross, Secunda

A brief history of Kinross, Secunda Kinross is situated in the Mpumalanga province. It is part of what is known as Cosmos Country, due to the flowers that bloom in abundance in late summer. It is a small town, only 6.45 km, that has four gold mines. It became a village in 1915, today it has just under 16,000 residents. Kinross is situated between Trichardt and Devon, with its closest main town being...
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In the news

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

 

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Monthly Payment

23,841.56

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