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R17,300,000

Monthly Bond Repayment R181,521.29
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R5,000

GREAT INVESTMENT PROPERTY

An excellent investment in the heart of Polokwane. This student accommodation block consists of 6 units x 3 bedrooms with 2 beds per room. Each flat accommodates 6 students. Two bathrooms. A spacious kitchen and stove per flat. Connecting hearts to homes.

Polokwane is the capital city of Limpopo and is located in the Capricorn region of the province. The city was founded in the gold rush of the 1880's, and was originally named Pietersburg after a well-known General Petrus (Piet) Jacobus Joubert. In February 2002, the city was renamed Polokwane, a Northern Sotho word which means "Place of Safety."
This young city is the largest in Northern South Africa and is a bustling and vibrant metropolis. It's a beautiful city surrounded by tree-lined suburbs and fascinating townships and rural villages. With the low crime statistics, Polokwane is true to its name "Place of Safety". Its schools produce good results and medical facilities are world class.
Stemming from the detailed research conducted on the social, economic, physical and institutional context of Polokwane, this SMART CITY 2030 plan set new objectives and strategic interventions for the city which, if implemented timeously and thoroughly, could usher in a new developmental path for the coming 16 years leading up to 2030. This document therefore firstly briefly explores one or more concepts relating to growth and development, where after the main and significant findings from the research conducted are highlighted as setting the stage for this plan. Thereafter detailed cluster and sub-cluster specific proposals are made to attend to the problem statement.

Features

18
12
6
Pets Allowed
Yes
Interior
Bedrooms
18
Bathrooms
12
Kitchens
1
Reception Rooms
1
Exterior
Garages
6
Sizes
Floor Size
1,200m²
Land Size
1,453m²

Polokwane Central, 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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In the news

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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

181,521.29

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