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R2,999,000

Monthly Bond Repayment R31,982.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,000

Calling Investors With Big Plans!

Wait until you hear about this opportunity! Surely one that you should grab because opportunities like these only happens once in a lifetime...An asset that can start your property journey. This property holds a sizeable block of flats along with a 3 bedroom 2 bathroom house as well as loads of garages and parking space. The flats are 1 bedroom units and there are 9 in total, the flats open up a world of opportunities for the buyer that can rent them out for extra income. They are currently occupied by tenants who have been residing on the property for years. The home originally consists of 3 bedrooms and 2 bathrooms but the dining room and lounge area have been converted into extra rooms which the buyer can also take as an opportunity to rent them out for extra income. The property offers 9 garages but they can also serve as storage units. There are loads of space around the block of flats as well as the home that can be used as visitors parking.

The property is conveniently located near plenty of local amenities such as fuel stations, clinics, Police station, Auto shops, shopping centers, Vereeniging Civic Theatre, Primary schools, public transport, other local businesses and many many more. Security measures that are already set in place on the property includes burglar bars, security gates, electric motor gate and it would offer you peace of mind knowing that the Vereeniging Police Station is just around the corner. All in all this is definitely a huge opportunity that needs an investor with an eye for potential and a mind that has big dreams, and not afraid to pursue them! So give us a call to book your first viewing, let your journey begin...

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Land Size
1,983m²
 
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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

31,982.22

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