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R520,000

Monthly Bond Repayment R5,635.28
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,512
Monthly Rates
R448

Investment Opportunity: Renovate & Reap Rewards in New Redrut

Investment Opportunity: Renovate & Reap Rewards with this starter unit located in New Redruth

Location:
Located in the highly sought-after area of New Redruth, this 1 bedroom apartment offers a prime investment opportunity with convenient access to amenities and transportation.

Property Highlights:
Though requiring renovations, this apartment boasts a promising layout for modern living, including a spacious bedroom and functional kitchen.

Rental Demand:
Benefit from New Redruth's strong rental market, ensuring a steady influx of potential tenants seeking quality accommodation.

Investment Potential:
With strategic upgrades, capitalize on the area's growing demand and potential for long-term appreciation.

Conclusion:
Secure your foothold in New Redruth's thriving real estate market. Contact us today to seize this investment opportunity!

Deanan Chetty, registered with the PPRA as a property practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner who does not operate a trust account.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Sizes
Land Size
70m²
Extras
Electric Fencing • Balcony • Family / TV Room

New Redruth, Alberton

Alberton property caters for all types of budgets and offers an excellent environment for families. Alberton is situated within the East Rand of Gauteng and is within 20 minutes of the city centre, making it ideal for those working in and around the Johannesburg CBD. New developments in the area have made it a very convenient and attractive option for many. Old Alberton has many older properties and a number...
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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

5,635.28

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