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R620,000

Monthly Bond Repayment R6,611.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R600

This rental property is an excellent investment opportunity, featuring three separate units!

1. Unit 1: A spacious 4-room unit, offering plenty of living space. Each room is well-sized, making it suitable for a small family or a group of tenants. The rooms are secure with trailer doors, ensuring added safety.

2. Unit 2: A cozy 2-room unit, perfect for a couple or single tenant. Despite its smaller size, it offers a comfortable living arrangement with secure trailer doors.

3. Unit 3: Another 2-room unit, similar in layout and design to Unit 2. It’s an ideal option for an additional rental income stream, targeting single tenants or couples.

The entire property is fully fenced, providing privacy and security for all tenants. With multiple units, this property generates a good rental income, making it a solid investment for those looking to capitalize on the rental market. The well-maintained condition and secure features make it highly appealing to prospective renters.

Features

3
1
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
159m²
Land Size
288m²

Rocklands, Bloemfontein

Situated in the Free State province, the tranquil city of Bloemfontein is the judicial capital of South Africa. It is the economic hub of the Mangaung Local Municipality, "place where the Cheetahs dwell", as well as the commercial capital of the province. Bloemfontein is extremely popular for its grand showcase of roses, the 'Mangaung Rose Festival'. Held every October since 1976, the festival attracts thousands...
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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

6,611.86

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