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R3,100,000

Monthly Bond Repayment R31,997.84
Calculated over 20 years at 11% with no deposit. Change Assumptions

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THE INCOME IS THE OUTCOME!

Great investment at the right address in a sought-after suburb.

This property is ideally located in the heart of Arena Park, with close proximity to public transport, an absolutely safe neighbourhood and the best part is that it’s close to all amenities like schools, places of worship, shopping malls and many others.

The property is fully walled and gated. Also has parking for 1 vehicle for each unit. Each unit has its own prepaid electricity and water meter.

The building consists of the following: -

3 x 3 Bedrooms -
Fitted with BIC, Fully Tiled, Open Plan Kitchen, Lounge, Shower, Toilet and Basin, Prepaid Electricity and Water Meter. Fully Tiled.
Income Generated - R 5500.00

1 x 2 Bedroom
Spacious open plan kitchen and Lounge, comprises of 2 Bedrooms, Shower, Basin and Toilet
Prepaid Electricity and Water Meter. Fully Tiled
Income Generated - R 4500.00

2 x 1 Bedroom unit
Open Plan Kitchen and Bedroom, Shower, Toilet and Basin. Fully Tiled. Prepaid Electricity
Income Generated - R 2200.00

1 x Shop Front used as a Salon
Fully Tiled
Prepaid Electricity and Water Meter
Income generated R 6500.00

Don’t miss this great business opportunity. The incomes speak for itself.
Call me now for an exclusive viewing and I will gladly walk you through it!!!

Features

13
7
Interior
Bedrooms
13
Bathrooms
7
Kitchens
7
Reception Rooms
5
Exterior
Carports / Parkings
6
Sizes
Land Size
465m²
 
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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

31,997.84

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