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R5,300,000

Monthly Bond Repayment R57,436.47
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1
Monthly Rates
R15,000
Special Levy
R1

DREAMING OF OWNING YOUR OWN COMPLEX LOOK NO FURTHER

This block of flats in Brakpan CBD sounds is an enticing investment opportunity. The mix of bachelor, two-bedroom, and one-bedroom units caters to a diverse range of potential tenants, ensuring a steady flow of income. The fact that it already has reliable and long-standing tenants speaks volumes about its appeal and the quality of its accommodations.

The property's prime location in the heart of the CBD, with easy access to public transportation and nearby amenities, adds significant value. This convenience is always attractive to tenants and enhances the property's long-term investment potential.

Furthermore, the opportunity to increase rental yields and enhance the property's value through strategic management and improvements is a key factor for savvy investors. With careful planning and execution, there's potential to maximize returns and further solidify its position as a lucrative investment.

Overall, this block of flats presents a compelling opportunity for seasoned investors seeking to expand their portfolio and maximize their income potential. It's definitely worth scheduling a viewing to explore further and consider the possibilities for financial growth and prosperity with this distinguished property.

4 Bachelors
12 One Bedrooms
1 X 2 Bedrooms with 1 Balcony
1 x 2 Bedrooms with 2 Balcony

Features

20
20
Interior
Bedrooms
20
Bathrooms
20
Kitchens
20
Reception Rooms
16
Exterior
Carports / Parkings
5
Flatlet
1
Sizes
Floor Size
1,000m²
Land Size
2,000m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
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

57,436.47

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