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R1,595,000

Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,547

Apartment for sale in Verulam, Kwa Zulu Natal

This 6-bedroom unit for sale in Central Verulam, situated in the central business district, offers a lucrative opportunity for investors looking to capitalize on rental income and subdivision potential. The unit features six single garages, enhancing its rental appeal and providing convenience for tenants who require parking. In addition to the ample garages, the property boasts an exclusive-use spacious yard, perfect for outdoor activities or potential future development. The complex is secured with remote access gates, ensuring the safety and privacy of residents within the premises. This investment opportunity presents the chance of a lifetime for investors seeking to maximize rental returns through subdivision or leasing out multiple units within the property. Don't miss out on the chance to acquire this property in a prime location with promising income potential and a secure living environment.

Features

6
3.5
6
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
6
Carports / Parkings
12
Security
Yes
Sizes
Land Size
301m²

In the news

LAUNCHING CLOUDS END - IN THE HEART OF VERULAM
Friday July 15 - Official launch of CLOUD'S END in Verulam  NEW DEVELOPMENT - NO TRANSFER DUTY  At Cloud's End, you’ll find more than brand-new, affordable two and three-bedroomed apartments, starting from...
 
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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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,009.55

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