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R1,200,000

Monthly Bond Repayment R12,797.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R2,800
Monthly Rates
R800

Unlock the door to a hassle-free investment with this meticulously maintained 2-bedroom, 1-bathroom.

Boasting modern amenities, a covered patio, a garden with untapped potential, and a current tenant already in residence, this property offers an exceptional opportunity for discerning investors seeking immediate returns and long-term growth.


This garden apartment comes with a reliable tenant already in place, providing an immediate stream of rental income. Savvy investors will appreciate the stability and convenience of this turnkey property.

Inside, the apartment features inviting carpeted rooms that create a warm and comfortable atmosphere. The living area is spacious and welcoming, making it a comfortable space for relaxation.

The kitchen is designed for efficiency and comes with space for an under-counter appliance, allowing for convenient meal preparation and storage.

Step outside to your private covered patio, an ideal spot for tenants to unwind and enjoy the outdoors. It adds an extra layer of appeal to the property, enhancing its value.

Providing added convenience and security, this property includes two dedicated covered parking spaces for the tenant's use.

Stay ahead of the curve with high-speed internet options. This property is fibre-ready, ensuring that tenants can stay connected seamlessly.

The garden is a blank canvas waiting for your creative touch. With potential for landscaping improvements, it can be transformed into a beautiful outdoor space, further enhancing the property's appeal.

Situated in a peaceful and convenient location, this garden apartment offers easy access to schools, shopping centers, dining options, and public transportation. Major roadways are nearby, making commuting a breeze for tenants.

This garden apartment is not only a turnkey investment with an existing tenant but also presents the potential for long-term value appreciation. Investors can benefit from immediate rental income while planning future improvements to maximize returns.

If you're looking for a solid investment with minimal effort and maximum potential, this 2-bedroom garden apartment with a tenant in place is a compelling opportunity. Don't miss your chance to secure a hassle-free investment property with a promising future. Contact us today to learn more and schedule a viewing of this great investment opportunity.

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

Features

2
1
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
68m²
Land Size
100m²

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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

R
%

Monthly Payment

12,797.16

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