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R695,500

Monthly Bond Repayment R7,537.18
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Affordable Living, Smart Investment Your Ideal Home or Income Opportunity Awaits!

This neat and well kept 2 bedroom, 1 bathroom first-floor unit is an excellent opportunity for a small family or savvy investor. Located in an established complex, the property offers a functional lounge and kitchen, providing comfortable living spaces without the premium of modern finishes. While the bathroom does not feature a shower, its well-maintained condition ensures it meets essential needs.
The property’s rental potential is a key selling point, currently achieving a monthly rent of R6,800. For investors, this provides an attractive return on investment in an area where rental demand remains steady. The older complex is well-managed, contributing to the overall appeal for tenants and future buyers alike.
In terms of location, the complex is conveniently close to key amenities such as shopping centers, schools, and main transport routes, enhancing the lifestyle and convenience for tenants or owners. This combination of affordability, rental yield, and proximity to amenities makes it a prime investment opportunity.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Sizes
Floor Size
60m²
Extras
Covered Parking • Near Shops • Unfurnished • Unfinished • Brick • Concrete • Built in Wardrobes • On Quiet Road • Hob • Near Highway • Near Shopping Mall • Pets Not Allowed • Near Hospital
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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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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

7,537.18

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