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R1,995,000

Monthly Bond Repayment R21,275.27
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,603

5 Apartments in a Private Complex

These units are located on a large stand, are fully equipped, nestled in a garden with trees and plants. All units currently have tenants in and the rental income is estimated around R29500-00 a month without utility usage. The properties needs TLC, it should be taken on as a project because of its location it could be lucrative, being located close to amenities such as Spar, petrol stations and the popular Lucien beach. The units consist either of 2 or 3 bedrooms, 2 bathroom, lounge, dining room and kitchen. Some of them has their own garden some share a communal garden and swimming pool. The property is pet friendly has lots of parking space, all units have either a garage or covered parking bay. The swimming pool needs a good clean and some TLC. This property has lots of potential and could be turned into a great investment or holiday letting.

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
1,974m²
Land Size
1,976m²
 
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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

21,275.27

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