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R3,800,000

Monthly Bond Repayment R41,180.87
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R500

Calling all investors House with 5 Flats for Sale

This property presents an excellent investment opportunity, offering a house and five flats that can generate a potential monthly income of R33,500. Here's a breakdown of the property:

House:

2 bedrooms
2 bathrooms
Dining area
Lounge
Kitchen
Entertainment area
Back-up power with a 3kwv inverter and battery
Possible rental income: R8,000 per month, including water and electricity

Flat 1:

Connected to the house
Bachelor unit
Kitchen
Bathroom
Possible rental income: R2,500 per month, including water and electricity

Flat 2:

Bachelor unit
Kitchen
Bathroom
Rental income: R3,500 per month, including water and electricity

Flat 3:

Bachelor unit
Kitchen
Bathroom
Rental income: R4,000 per month, including water and electricity

Flat 4:

1 bedroom
Lounge
Kitchen
Bathroom
Patio with braai (barbecue) area
Rental income: R5,000 per month, including water and electricity

Flat 5:

Double-storey
2 bedrooms
2 bathrooms
Modern fitted kitchen with marble tops
Lounge
Balcony
Solar electricity with a 5kw inverter and battery
Own entrance and carport
Possible rental income: R10,000 per month, including water and electricity

External features:

Jojo tank for backup municipality water supply
Solar panels
Outside room with bathroom
Garage with electric garage door
Electric gate motor
Neat garden
Borehole with pump
Solar geysers
Corner stand with walls

This property offers a great opportunity for generating monthly income or maximising your investment potential. Contact us to explore this lucrative investment option further and arrange a viewing.

Features

8
8
4
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
8
Kitchens
6
Reception Rooms
6
Exterior
Garages
4
Carports / Parkings
2
Flatlet
5
Domestic Accommodation
1
Sizes
Floor Size
535m²
Land Size
1,178m²

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R

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

41,180.87

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