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R1,790,000

Monthly Bond Repayment R19,398.36
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,200

Investor's Dream Property For Sale

Dual Income Opportunity!

Welcome to an exceptional investment opportunity in the thriving community of SECUNDA. This unique property is tailor-made for savvy investors looking to maximize their returns. Here's what makes this property a standout:

Dual Residences: This property boasts not one, but two well-designed three-bedroom homes, each with its own private garden and entrance. Ideal for tenants seeking both comfort and privacy.

The one unit offers an open-plan TV room area leading to an enclosed braai area with a built-in braai, and a separate dining/study area.
Lovely kitchen with Oak Cupboard space, three bedrooms all with fitted cupboards and two full bathrooms, both offering a bath and a shower.
One tandem garage will fit two small cars.
Spacious well-established garden with a wendy for extra storage.

The second unit is a bit small and offers an open-plan kitchen and TV room area with lots of cupboard space, three bedrooms with one full and spacious bathroom.
One automated garage/shaded parking and a decent-sized garden.
Enjoy the serenity of individual gardens for each unit, providing a tranquil retreat for residents to relax and unwind.

Perfect Location: Situated in close proximity to Secunda Mall, residents will have easy access to shopping, dining, and entertainment options, making this property highly desirable.

Solid Income Stream: Currently generating a robust rental income of R15 500 for both units combined, this property promises a lucrative return on investment from day one.

Investment Potential: With the burgeoning demand for rental properties in Secunda, this is an excellent opportunity for investors to capitalize on the growing real estate market.

Don't miss out on this golden opportunity to add a high-yield property to your investment portfolio. Schedule a viewing today and witness the potential of this gem!

Disclaimer: The rental income mentioned is based on current market conditions and is subject to change.

Features

6
2
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
332m²
Land Size
898m²
Extras
Blinds • Breakfast Nook • Built In Braai • Built in Wardrobes • Burglar Bars • Carpets • Curtain Rails • Dishwasher Connection • Driveway • Electric Gate • Extractor Fan • Garden • Laundry • Open Plan • Oven & Hob • Security Gate • TV Port • Tiled Floors • Under Counter Oven • Washing Machine Connection

Secunda, Secunda

This Mpumalanga town is a prominent industrial and commercial centre. Surrounded by coalfields, Secunda's horizon is framed by massive cooling towers, high chimneys and steel constructions. Although fairly new, it has quickly become a great investment opportunity. Secunda is about an hour and a half away from Johannesburg. The town, however, boasts many city-like amenities and features which make it a desirable...
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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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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:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

19,398.36

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