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R695,000

Monthly Bond Repayment R7,411.69
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Student Accommodation in Ivy Street

Welcome to an exceptional investment opportunity located on the secure and sought-after Ivy Street in Port Elizabeth Central. This house offers a generous possible monthly income of R10,500, making it an incredibly lucrative investment. With two spacious double bedrooms, a comfortable single room, a well-maintained bathroom, a cosy lounge, and a functional kitchen, this property is perfectly suited for generating impressive rental returns. Additionally, a small courtyard adds to the overall appeal.
Benefiting from its strategic position in a rapidly developing metro, this property thrives under the continuous efforts of the Central SRA (Development & Management Agency). Situated just moments away from the renowned Donkin Park Reserve, the Pyramid, and the Lighthouse, residents can immerse themselves in local landmarks. Furthermore, the location offers convenient access to multiple shops, freeways, restaurants, and historic sites, ensuring a well-rounded lifestyle.
To gather more information and secure your viewing appointment without delay, please reach out to me today.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
2
Sizes
Floor Size
75m²
Land Size
119m²
Extras
Near Hospital • Near Public Transportation • City Center • Good reachable traffic • Brick • Near Highway
 
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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.

R
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

7,411.69

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