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R650,000

Monthly Bond Repayment R7,044.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,053

Exceptional Value: Modern Flat with Great Amenities!

This 2-bedroom flat features 1 bathroom, an open plan kitchen and lounge, and includes secure security features. Strategically located close to a university and a bus station, it is an ideal choice for students. Additionally, the property offers 1 carport, enhancing convenience for residents with vehicles.

This flat represents a good investment opportunity for student accommodation due to its proximity to the university and public transport, making it attractive for students seeking housing, which can lead to a steady rental income. Properties like this often have high demand in student-heavy areas, ensuring that you can maintain occupancy rates.

Key features include 2 bedrooms, which are suitable for sharing or for a small family; 1 bathroom, adequate for the number of bedrooms; and an open plan kitchen and lounge that creates a spacious and inviting living area. The secure security provides peace of mind for residents, while being close to the university and bus station enhances accessibility for students. The inclusion of 1 carport offers parking convenience. This combination of features makes the flat not only a comfortable living space but also a strategic investment in the student housing market.

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Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
84m²
Land Size
1,985m²
Extras
Security Gate • Secured Car Ports
 
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R

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

7,044.10

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