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R950,000

Monthly Bond Repayment R9,967.93
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,500

The Palms Retirement Village Studio

Experience comfort and convenience in this modern, fully furnished studio located in a secure retirement village. The open-plan design combines the bedroom, kitchen, and lounge into a cozy, well-appointed space, complete with an en suite bathroom. Thoughtfully equipped with a remote-controlled hospital bed, two recliners, and air conditioning, this studio is ideal for those seeking a comfortable and wheelchair-friendly living environment.

The Palms retirement village offers 24-hour security, ensuring peace of mind, along with exceptional amenities such as an on-site restaurant and 24-hour care services. With a potential rental income of R13,000 per month, this property presents a fantastic investment opportunity. Residents can enjoy a safe, community-focused lifestyle with access to numerous additional facilities designed to enhance their quality of life.

Features

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1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes

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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

9,967.93

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