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R914,000

Monthly Bond Repayment R9,747.17
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Auction

2 Bedroom Investment property Priced to Go with Guaranteed Tenancy!

Investor’s Opportunity: 2-Bedroom Apartment for Sale at Greenlee Eco Estate – Priced Right!

This modern 2-bedroom, 1-bathroom apartment at Greenlee Eco Estate is perfectly priced at R914,000 (excluding transfer costs), making it an ideal investment with guaranteed returns. With a current lease generating R9,000 per month, this property offers immediate rental income and steady ROI from day one.

ROI Calculation:
• Monthly Rental Income: R9,000
• Annual Rental Income: R9,000 x 12 = R108,000
• Purchase Price: R914,000
• Annual ROI: Approximately 11.8%, a high return in a sought-after location!

Estate Amenities Include:
• Beautifully landscaped gardens, eco-trails, and green spaces for a serene lifestyle
• Pool, gym, and lifestyle center promoting wellness and community
• 24/7 security for peace of mind

Additional Perk:
Residents have access to the restaurant at The Reid Estate right across the road, adding a touch of convenience and lifestyle appeal.

Priced to Sell!
This property is an exceptional deal for investors looking for solid returns and value in a high-demand rental area. Don’t miss out on this well-priced, high-yield unit—reach out today and secure your next investment!

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
54m²
Land Size
5,686m²
 
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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.

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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

9,747.17

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