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R720,000

Monthly Bond Repayment R7,678.29
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,400
Monthly Rates
R705

Lovely 1 Bedroom apartment with Tenant in Place – PERFECT INVESTMENT OPPORTUNITY

Inviting serious buyers to view and negotiate from R690 000 to R720 000

This cozy ground-floor one bed unit, located in the secure gated complex of 92 On New, offers a blend of comfort and functionality. With a tenant already in place under a lease agreement, this property is an excellent opportunity for investors seeking immediate rental income.

The heart of this unit is the open-plan kitchen and lounge area. The kitchen is equipped with modern finishes, including a gas stove, and it leads directly onto a small balcony—perfect for enjoying a morning coffee or evening relaxation.

The separate bedroom offers privacy and comes complete with built-in cupboards, providing ample storage space.


Concluding the thoughtful layout is a modern bathroom, featuring a shower that adds a touch of contemporary convenience.

This property is situated in a secure gated complex, ensuring safety and privacy. As it’s currently tenanted, it’s not suitable for someone looking to move in immediately but is ideal for investors looking to expand their portfolio with a property that generates income from day one.

DONT MISS OUT ON THIS GREAT INVESTMENT!!

Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
49m²
Land Size
49m²

Carlswald, Midrand

Midrand is a municipality that is located between Centurion and Sandton. Easy access to Midrand Gautrain, N1 highway and R55. Within this area, you will find the sought-after suburb of Carlswald. You will find new and upmarket secure gated estates and complexes with all types of homes including sectional titles and full titles which are pet and child friendly. The city is relatively modern, having experienced...
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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

7,678.29

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