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R1,170,000

Monthly Bond Repayment R12,679.37
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R900

Property in Thistle Grove, Kinross

This rental property in Thistle Grove, Kinross consists of 3 houses on the same stand and all the rooms are currently being rented out.
The 3 houses have 8 rooms generating a combined monthly income of R7000 in total.
The annual income versus the asking price generates a return of 7% on the capital invested.
The house offers 8 rooms, bathrooms with toilets and showers, a kitchen, and lounges.
It also has undercover secure parking for 2 vehicles.
Additional parking for other vehicles is also available.
The house is in need of some minor maintenance but offers good rental income from the current tenants.
Call me today to arrange a viewing!

Features

8
4
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Sizes
Floor Size
409m²
Land Size
881m²
Extras
Built in Wardrobes • Burglar Bars • Curtain Rails • Electric Gate • Security Gate • TV Port • Tiled Floors • Totally Walled

Thistle Grove, 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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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

12,679.37

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