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R5,272,000

Monthly Bond Repayment R57,133.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,000

Attention Property Investors, Big Families and Entrepreneurs

A sprawling property in Kinross beckons with three expansive stands totaling 5936m². The first stand boasts a Main House, featuring four bedrooms with en-suite, 3.5 bathrooms, four spacious living areas, a well-appointed kitchen with a scullery and pantry, and an inviting entertainment area complete with a built-in braai. The meticulously landscaped garden, adorned with fruit trees, adds to the charm, while additional amenities include an outside lapa, storage room for mechanical and garden tools, a broiler and chicken cage, and two carports accessible via its own entrance.

On the second stand, a second house awaits, offering four bedrooms, three bathrooms, a kitchen, lounge, and one en-suite, generating a rental income of R5000.

Complementing this, six flats, each comprising two bedrooms, open-plan lounge and kitchen, and a bathroom, contribute R30,000 to the rental income. Additionally, four outside rooms and three wendy rooms generate a combined income of R15,700, bringing the total rental income to an impressive R50,700.

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Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
6
Sizes
Floor Size
5,936m²
Land Size
5,936m²
Extras
Blinds • Built In Braai • Built in Wardrobes • Burglar Bars • Carpets • Curtain Rails • Dishwasher Connection • Driveway • Electric Garage • Garden • Guest Toilet • Open Plan • Satellite Dish • Scullery • TV Port • Tiled Floors • Totally Fenced • Totally Walled • 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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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

57,133.04

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