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R1,600,000

Monthly Rates
R1,896.5 Excl. VAT

Small complex of flatlets for the young investor!

Looking to own your own little complex with a good and stable income? Seek no more, the property has been transformed into 7 individual flatlets, each with their own separate character and pre-paid electrical meters already installed. Current rental income generated is just over R22 000 per month.

Each unit has its own kitchenet, bathroom, living space and one shade net parking.

A communal area has been created for washing machines, should the tenant not want to keep it within the unit.

The pool area has been filled up, leaving potential space for and additional unit or two, thus leaving the potential for increasing investment.

Property has also been rezoned to Residential 2, complying with local Municipal bylaws.

Property is enclosed on all sides, pre-cast walling on three sides and palisade fencing with sliding gate at the front.

Features

7
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
335m²
Land Size
1,338m²
Parking Bays
Covered Parking Bays
7
Extras
Carport • Paveway • Totally Walled • Steel

La Hoff, Klerksdorp

The thriving Klerksdorp is the largest city in the North West Province. Along with Rustenburg, Klerksdorp forms the economic heart of the province. It is a well-known hub of the South African gold mining industry. Klerksdorp is a significant contributor to the agricultural industry with sorghum, sunflowers, groundnuts, and maize mainly cultivated in the area. It also is the preferred location of the substantial...
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Facts about Klerksdorp
Klerksdorp is a buzzing city that attracts many homeowners and tourists. This is a result of the types of property and the rich heritage they are exposed to. The city is a hot spot for younger buyers who aim to flourish their...
 
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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

R
%

Monthly Payment

22,495.27

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