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R13,700,000

Monthly Bond Repayment R146,100.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,500

Lovely 3 Bedroom Townhoused x 18

Commercial Property for Investment for a Lifetime

18 X 3 Bedroom Townhouses for Sale in Annadale

Opportunity:

Property Highlights: 18 Duplex 3-bedroom townhouses.m2 bathrooms in each unit. Spacious lounge and kitchen areas. Very generous loft space.

Dedicated car parking for residents

4 x Newly Upgraded Units: 4 units have recently been upgraded, ensuring modern and attractive living spaces. 15 units are currently under the lease agreement

Monthly rental income at the moment for 15 of the 18 units is R6500 per unit with a total monthly income of R97,500

All units are equipped with prepaid electricity and water meters, providing convenience for tenants and landlords.

Controlled access via a sliding gate with phone activation—electric fence for enhanced security.

The current lease agreements showcase the strong demand for quality living spaces in this area.

Enjoy a reliable monthly income stream from existing lease agreements. Four units have already been upgraded, adding immediate value to your investment.

Prepaid utilities offer hassle-free management for both you and your tenants.

Your investment is protected with a sliding gate and electric fence, ensuring peace of mind.

Situated in a prime location in Annadale, our townhouse complex is conveniently located near amenities like schools, shopping centers, etc, making it an attractive option for potential tenants. "Sectional title register available"

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
135m²
Land Size
2,855m²

Annadale, Polokwane

Polokwane, which translates to "Place of Safety" in Northern Sotho, is also known by its former name of Pietersburg. The city is the capital of the Limpopo Province and is South Africa's largest urban centre north of Gauteng. It lies roughly halfway between Gauteng (300 km) and the Zimbabwean border (200 km.) Popular suburbs in Polokwane include Westenburg, Nirvana, Bendor, Welgelegen, Moregloed, Annadale,...
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Polokwane is booming! Here's why!
Polokwane is a modern city built on rich history and heritage. The discovery of gold south of the town in the 1880's attracted investors, researchers, and scientists from all parts of the world. The need for a nearby town was...
 
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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

146,100.86

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