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R3,400,000

Monthly Bond Repayment R35,674.70
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R9,600
Monthly Rates
R24,700

Invest now, an incredible opportunity...

20 Units inclusive in this sale, all units selling as a package. Nestled in the heart of Vereeniging, this well-maintained block of flats comprises 24 units, offering a blend of tranquility, security, and uniform elegance. The units are divided into four private owner units and 20 units under a single owner, all of which are meticulously rented out to carefully selected tenants who value peace and serenity. One of the distinguishing features of this property is the exceptional neatness that pervades the entire block. The secure parking, meticulously organized per unit, ensures a sense of order and safety for residents. The caretaker oversees the management of the flats from a two-bedroom unit with build-in cupboards, emphasizing the commitment to attentive care. The caretaker's flat boasts a tiled lounge and open plan dining room area that seamlessly transitions into the kitchen, bathroom, and passage. The remaining flooring is a combination of carpets, novilon and tiles, creating a comfortable and visually appealing living space. While the caretaker's flat requires some updates, the other 19 one-bedroom units share an identical layout.

Each unit accommodates a king-size bed and bedroom suite, complemented by built-in cupboards for optimal storage. The kitchens are spacious and ready for a refreshment with new cupboards and stoves. The open-plan dining and lounge areas provide a sense of spaciousness, with flooring variations including tiles, novilon and carpets. Every unit is equipped with its secure parking space, and those on the first floor enjoy an additional feature—a balcony that enhances the living experience. For the four ground-floor units facing the street, private courtyards are a delightful addition, accessible directly from the street. These courtyards offer versatility, allowing owners to utilize the space for parking, gardens, or the addition of a carport. Situated in central Vereeniging, residents enjoy proximity to amenities and convenient transport options, adding to the overall appeal of this secure and well cared property. Priced at a competitive R183,000.00 per unit, the demand for these flats is high, and interested parties are encouraged to act swiftly to secure their spot in this sought-after community. Don't miss the opportunity to own a piece of this well-managed and conveniently located property.

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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

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Monthly Payment

35,674.70

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