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R5,300,000

Monthly Bond Repayment R55,610.57
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Investor’s Dream: Modern 10-Bedroom Property with Business Zoning

This exceptional 10-bedroom property is a prime investment opportunity, strategically located near all essential amenities. Each bedroom is designed for comfort and convenience, featuring a TV, bar fridge, Wi-Fi connectivity, and a private en-suite bathroom. The property is currently leased to professional individuals, ensuring a steady income stream.
For communal living, the property offers two fully equipped kitchens, each boasting built-in cupboards, a hob, an under-counter oven, and a scullery. Entertaining is a breeze with a built-in braai area, perfect for social gatherings.
What sets this property apart is its business zoning (Zone 4d), offering flexible usage options. In addition to the long-term tenants, two rooms are currently operating as a BnB, generating consistent monthly revenue. With its modern design and strategic location, this property also holds immense potential for conversion into student accommodation, making it a versatile and lucrative investment.

Features

10
10
Interior
Bedrooms
10
Bathrooms
10
Kitchens
2
Exterior
Carports / Parkings
10
Sizes
Land Size
1,006m²
Extras
Near Schools • En-suite Bathroom • Built In Appliances • Near Shops • Near Public Transportation • Pets Not Allowed
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

55,610.57

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