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R2,295,000

Monthly Bond Repayment R24,474.56
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,707

Calling All Investors. Six Apartments in an Apartment Building For One Price.

An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All six apartments are currently tenanted and managed by Dormehl Phalane Property Group which mitigates any significant risk as an investment. The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature. The owner took immense pride in the entirety of the property forming great relationships with the tenants currently in place.

Details of the Each Apartments:
- Under Roof: +- 90sqm
- 2 Bedrooms
- 1 Bathroom
- Sizeable Living Spaces Throughout
- Kitchen including the Stove
- Entrances from the Front and the Back of the Property.
- One Designated Parking Bay per Apartment.
- Excellent condition throughout.
- Utilities are metered and charged according to each tenants usage.
- Current Return of Investment of R30,875 excluding utilities a month.


Dormehl, as a company, currently manages the property and can provide all details on income and expenditure. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.

Features

12
6
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
6
Kitchens
6
Reception Rooms
12
Exterior
Carports / Parkings
6
Security
Yes
Sizes
Floor Size
340m²
Land Size
496m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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

24,474.56

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