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R1,950,000

Monthly Bond Repayment R21,132.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

24 Bedroom House For Sale in willowvale

Purely for income generation!

This investment of note is built on 1273 sqm land consists of 2 solid blocks of flats with a floor plan of 732 sqm comprising 24 big rooms each with toilet &shower .The rooms are further enhanced by prepaid electric metres. This jewel is strategically positioned close to a TVET College and Government Departments of Water Works , Labour, Social Development & Police Service.

Presently the rental per month per room is R1200.00 & is due to be raised to R1550.00 respectively on the 1st March 2022.

A cherry on top, this establishment is usually fully tenanted!
Add to your investment portfolio or just make a start towards churning your passive income.

Features

24
24
Interior
Bedrooms
24
Bathrooms
24
Exterior
Security
Yes
Sizes
Floor Size
732m²
Land Size
1,273m²
Extras
24 Hour Security
 
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R
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

21,132.29

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