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R2,500,000

16 Grace Road

Monthly Bond Repayment R26,231.40
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Perfect Investment Opportunity

Nestled in the leafy suburb of Observatory please enjoy a securely located 3-bedroom family home that will allow you to make lasting memories. This magnificent home (in need of some tlc – some parts under development) offers the luxury of space and has an ensuite bathroom to the main bedroom, a large open plan kitchen and scullery. For your guests when you are entertaining, there is a guest bathroom and toilet. In the same property there are 4 spacious living units. All 4 units are equipped with pre-paid electricity meters and these spaces can also be utilised for investment purposes. Each one has an open plan kitchen, bathroom and shower with a lovely small garden adjacent to it.


This property presents as a perfect investment opportunity, to either set up as an Air BnB, student accommodation or for general rental income. The property is located close to Houghton, with all general amenities within a 5 km radius.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Flatlet
4
Pool
Yes
Extras
Balcony • On Quiet Road • Safe Location • Entrance Hall • Alarm System
 
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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

26,231.40

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