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R1,190,000

Monthly Bond Repayment R10,516.16
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Income Generating Property in the Safe Side of Parkside

Are you someone looking for a property that would subsidize your bond repayments as you move along? Then, your eyes have landed on the perfect property for you. We are calling all investors.

This is an exceptionally spacious home on a big plot in the sought- after section of Parkside. This home is blessed with a an entrance hall, a lounge ,dinning room, a kitchen with built in cupboards, two bathrooms and a guest toilet, a study room and a single garage.

Two very neat flats have a potential to generate a total income of R7000 per month as they both come with a room. a lounge, a kitchen and bathroom. The main house can also be subdivided to generate an additional income of R8000 per month. The total income generated will be more than the bond repayments if one utilizes this home to its ultimate business potential.

The yard is fully walled, the roof of the house is Canadian Asbestos, the floors are tiled and the windows are protected with burglar bars and the gate is a steel gate.

Get in contact with Hazel or Collin IMMEDIATELY as this house will not be in on the market after you blink.

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Security
Yes

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Disclaimer: While every effort will be made to ensure that the information contained within the Xoliswa Tini Properties website is accurate and up to date, Xoliswa Tini Properties 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

10,516.16

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