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R334,000

Monthly Bond Repayment R3,561.87
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,500
Monthly Rates
R100

Investment Opportunity in Vanderbijlpark CW3!

Situated right across from Sedibeng College, this one-bedroom apartment presents an enticing investment opportunity. Its prime location promises a steady stream of potential tenants, particularly students seeking accommodation close to their educational institution. Upon entering, you're greeted by an inviting open-plan layout seamlessly connecting the lounge and dining area. The space is versatile, offering the potential for a second bedroom by converting the balcony, thereby maximizing rental income potential. This adaptable feature is especially attractive for investors looking to accommodate multiple tenants, such as students sharing expenses.

Convenience is key, with the apartment situated within walking distance of Vanderbijlpark CBD and its myriad amenities. Whether it's shopping, dining, or accessing public transportation, residents enjoy easy access to everything they need. Moreover, the cleanliness and decent upkeep of the flats ensure a comfortable living environment, further enhancing their appeal to prospective tenants. With the demand for student housing steadily increasing, seizing this opportunity is prudent. Don't miss out on this chance to invest in a property with great potential for long-term returns!

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
69m²

In the news

Vanderbijlpark to expect a multi-billion Rand development
Situated on the banks of the Vaal River, and neighbouring the towns of Sasolburg and Vereeniging, lies the transforming town of Vanderbijlpark. Although it is labelled as an industrial area, recent changes have opened up a new...
 
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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.

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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

3,561.87

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