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R1,350,000

Monthly Bond Repayment R13,934.54
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

INVESTMENT PROPERTY FOR SALE IN SOUTHRIDGE, VERULAM

PRICE REDUCED!

Looking to invest in a property that gives you multiple benefits?
Here's one just for you!

This fully fenced property boasts three individual adjoining spaces that are well-designed, cozy, spacious & private.
Varying from a bachelor pad to two family units, all with their own entrances,
Is fully tiled & has fully fitted kitchens, BIC in all bedrooms, airconditioning, fibre internet & prepaid utilities for each unit respectively.

Situated with nearby schools, garages & shopping centres.
While being a bit of a fixer-upper, this property holds immense value & potential - it needs to be seen to be appreciated.
It's an incredible property for rental benefits & can be easily remodeled & upgraded from it's vintage charm to an upclass modernized unit.

To it's advantage, there is an upcoming adjacent development which instantly boosts this property's market value.

Contact us for a viewing today!
R1350 000 NEGOTIABLE

(This property currently generates R15 500 in rental income per month, all of which are due for an increase.)

Contact me to view this property today!

Features

6
3
8
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
6
Furnished
Exterior
Garages
8
Carports / Parkings
2
Security
No
Flatlet
1
Sizes
Land Size
1,146m²
Extras
Built-in Wardrobes, Fully fitted kitchen, fully tiled & selectively carpeted
 
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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

13,934.54

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