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R1,950,000

Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,437

ENCLOSED AREA

ENCLOSED AREA
Exceptional Investment Opportunity: Versatile Corner Stand Property
- **Size:** 987 m²
- **Location:** Prime corner stand
Unit 1: Beautifully Renovated Two-Bedroom Unit
- **Rental Income:** R10,000 per month (excluding water and prepaid electricity)
- **Features:**
- Extra-large open-plan lounge and dining room with high ceilings and hanging ball lights
- Separate kitchen with granite countertops, ample cupboard space, and a gas stove. Double Eye Level ovens
- Gas geyser
- Two bedrooms with built-in cupboards; the main bedroom opens to a private courtyard
- Family bathroom with bath and shower
- Linen closet
- Private garden with patio and shaded cover
- Own entrance for parking

Unit 2: Cozy One-Bedroom Apartment
- **Rental Income:** R5,500 per month (including water)
- **Features:**
- Lounge and dining room
- Linen closet
- Cozy kitchen with an electrical stove
- Bathroom with shower and bathtub
- Large garden at the back and side of the property
- Separate entrance on the road outside the enclosure
- Prepaid electricity and gas geyser

Additional Features:
- **Double Garage:** Potential for conversion into a shop or office. With sliding door and tiled.
- **Wooden Shack:** Ideal for use as a studio 70m2 (note: no electricity in this unit)

Why This Property?
- **Versatility:** Multiple rental units with current income streams
- **Potential:** Opportunity to convert and expand usage (e.g., shop, office, studio)
- **Privacy:** Separate entrances and private gardens for each unit

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
2
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
427m²
Land Size
981m²

On Show

10:00 to 14:00
Saturday, 16 November 2024
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Glen Marais, Kempton Park

Glen Marais is a highly sought-after suburb in Kempton Park, offering residents spacious and modern properties in well-maintained surroundings. The area also features secure lifestyle estates for added peace of mind. Living in Glen Marais means having easy access to a variety of amenities, including schools, parks, lakes, churches, and open spaces, all within close proximity. Whether you're looking for...
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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

20,795.38

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