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R3,750,000

Monthly Bond Repayment R39,991.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,000

Investment Opportunity: Apartment Block with 5 Modern Units - Phoenix - KwaZulu Natal

Unlock the potential of a smart investment with this remarkable apartment block, offering five 2-bedroom units. Perfectly positioned and designed for investors seeking an excellent return, this property promises a hassle-free, profitable venture.

Key Features:

Five Spacious 2-Bedroom Units: Each unit boasts two generously sized bedrooms, providing comfortable living spaces for tenants, ideal for both individuals and small families.

Fully Fitted Kitchens: The heart of each unit features a sleek and contemporary kitchen with all the modern conveniences tenants desire. These kitchens are designed for both functionality and aesthetics.

Open Plan Lounge and Dining Areas: Enjoy the spacious, open-concept layout that seamlessly integrates the lounge and dining areas, creating a welcoming atmosphere for residents to relax and entertain.

Fully Tiled Bathrooms: The bathrooms are elegantly tiled, ensuring durability and ease of maintenance for both you as an investor and your future tenants.

Prepaid Electricity and Water: Stay in control of utility expenses with the convenience of prepaid electricity and water meters for each unit.

Remote Access: The property features secure remote access, providing peace of mind for both you and your tenants.

Prime Location: Situated in a desirable area, this property offers easy access to essential amenities, public transportation, schools, and shopping centers, making it highly attractive to potential renters.

Investor's Dream: With a solid rental history and potential for further growth, this apartment block is a dream investment opportunity that can provide a consistent stream of income for years to come.

Income Potential: Maximize your return on investment by acquiring this apartment block with five rental units, ensuring a steady rental income stream.

This apartment block is not just a property; it's a smart investment waiting to be seized. Take advantage of this opportunity to add a secure, income-generating asset to your portfolio. Act now, and schedule a viewing to explore the potential of this fantastic property. Don't miss out on this lucrative investment opportunity!

Features

10
8
2
Interior
Bedrooms
10
Bathrooms
8
Kitchens
5
Reception Rooms
10
Exterior
Garages
2
Sizes
Land Size
599m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Wakefields Estate Agents website is accurate and up to date, Wakefields Estate Agents 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:

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

39,991.11

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