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R1,900,000

Monthly Bond Repayment R20,262.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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FOREVER INVESTMENT

Prime Six-Unit Investment Property in High-Demand Location*
This well-maintained *six-unit multifamily property* presents an excellent investment opportunity for those seeking solid rental income. Situated in a desirable and centrally located neighborhood, this property offers a strong rental history and high occupancy rates, making it perfect for both seasoned investors and those new to the market.
Each unit features *spacious 2-bedroom, 1-bathroom layouts, with large windows that provide ample natural light. All units have separate utilities, and the property includes on-site parking for tenant convenience. Recent upgrades include an updated plumbing, and modernized kitchens and bathrooms, ensuring lower maintenance costs for years to come.
The property’s location is a major draw, with easy access to public transportation, local shopping centers, schools, and dining. The high-demand rental market in the area ensures a strong ROI potential, with room for rent
growth and appreciation over time.
*Investment Highlights:*
- 6 units: Each 2-bedroom, 1-bathroom
- Strong rental history and high occupancy
- Recent property upgrades (roof, plumbing, kitchens)
- Separate utilities for each unit
- On-site parking for tenants
- Conveniently located near public transportation, shopping, and schools
- High potential for rental growth and long-term appreciation


An incredible opportunity to expand your portfolio with a turnkey property in a prime location!

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
8
Extras
Renovated • Balcony • Brick
 
  • 1
 

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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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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

20,262.16

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