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R920,000

Monthly Bond Repayment R9,970.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R638
Monthly Rates
R770

Calling all savvy investors!

This strategically located two-bedroom apartment presents an unparalleled opportunity to capitalize on the bustling rental market. Situated within walking distance to the university, this prime location ensures a steady stream of potential tenants, making it an ideal addition to any investment portfolio.

Step inside to discover a well-appointed living space featuring two cozy bedrooms, perfect for accommodating students or young professionals seeking proximity to campus. The unit also boasts a modern bathroom, a spacious lounge, and an open-plan kitchen, creating a comfortable and functional living environment.

Outside, the apartment offers its own paved backyard area, providing a private outdoor retreat for residents to relax and unwind. With the potential to generate a rental income of R8000 per month, this property promises lucrative returns on investment.

Don't miss out on this golden opportunity to secure a profitable asset in a high-demand rental market – schedule your viewing today and start reaping the rewards of smart investing!

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
66m²
Extras
Air Conditioner • Electric Gate
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.

R
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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

9,970.10

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