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R625,000

Monthly Bond Repayment R6,557.85
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R687.5

Motivated seller looking for a motivated buyer for this triple rental income investment opportunity

Motivated seller looking for a motivated buyer for this triple rental income investment opportunity. Take advantage now of this exceptional opportunity to earn a rental income immediately, helping you pay off your bond faster than ever. Located just off Bombay Road, this property boasts a prime position near the renowned Debi Place Market, Raisethorpe, various schools, and taxi routes.
The main house features two bedrooms, a lounge, dining room, kitchen, and bathroom. Additionally, there's a separate room with its own bathroom, as well as a standalone flatlet boasting a bedroom, lounge, and bathroom. The yard is fully concreted, requiring minimal effort to kickstart your income-earning stream.
Take comfort in the fact that two tenants are already in place, ensuring a smooth transition to immediate returns on your investment. Act now and seize this opportunity to secure your future financial success. Call today to make this property yours and embark on a smart investment journey.

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
3
Exterior
Carports / Parkings
2
Flatlet
1
Sizes
Land Size
1m²
Extras
Near Shops • Washing Facilities(in building) • Near Schools • Near Hospital • Brick • Unfinished • Staff Accommodation • Near Public Transportation • Good reachable traffic • Downtown • Contemporary • Unfurnished
 
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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

6,557.85

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