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R2,200,000

Monthly Bond Repayment R23,841.56
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Block Of Flats Plus The Main House For Sale In Orlando West

Amazing Investment Opportunity: Don't miss out on owning a block of flats in the sought-after neighborhood of Orlando West. This single-story property features 3 units in floor with a total of 6 well-sized bachelor rooms. Each room includes a kitchenette with built-in cupboards and shares three spacious bathrooms. The spacious yard can accommodate parking for four cars, with an additional 2 cars in an automated garage. Your tenants' security is ensured with high walls and a gate.


The block of flats is conveniently located near the Caltex garage, providing easy access to taxis, the Hector Peterson Museum, and other amenities. All rooms are currently occupied, generating a potential rental income of R19,500 per month, including the main house. The property also holds great potential for future redevelopment. Seize the opportunity to invest in this centrally located property with excellent earning potential.


Key features:
- Single-storey with 6 units
- 3 bathrooms sharing
- Open plan layout
- High walls for security
- Potential rental income of R19,500
- Centrally located

Features

7
4
Interior
Bedrooms
7
Bathrooms
4
Reception Rooms
1
Extras
2 Car Garage • Open • Unfinished • En-suite Bathroom • Balcony • Pets Not Allowed • Modern • Safe Location • Garage • Near Public Transportation • Built In Appliances
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

23,841.56

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