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R500,000

Monthly Bond Repayment R5,418.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R500
Monthly Rates
R500

STRATEGIC INVESTMENT: RENOVATING AND ELEVATING A DISTRESSED 1-BEDROOM APARTMENT EXCLUSIVE SOLE MAND

Welcome to an exciting investment opportunity in the heart of convenience and potential! This 1-bedroom apartment, brimming with potential, invites investors to transform it into a gem. While the interior requires some tender loving care (TLC), the possibilities for turning this space into a lucrative venture are boundless.
Upon entering, you'll find a cozy TV room, offering the perfect canvas for creating a comfortable and inviting living space. The adjoining small kitchen, though currently modest, can be envisioned as a culinary haven with a touch of creativity and renovation. Imagine the possibilities as you bring this space to life, tailoring it to meet modern aesthetic standards and functionality.
The bedroom, promising tranquility, is complemented by a private balcony where one can unwind and enjoy the fresh air. This outdoor oasis adds an extra layer of charm to the property, providing an ideal spot for morning coffees or evening relaxation. The bathroom, though currently functional, presents an excellent opportunity for a stylish makeover.
This investment opportunity includes a dedicated parking space, ensuring convenience for residents and their guests. Additionally, the complex boasts a communal pool, offering a refreshing escape right at your doorstep. Picture lazy weekends spent lounging by the pool or entertaining friends in this shared recreational space.
Location is key, and this apartment excels in proximity to essential amenities. Situated conveniently near a university and hospital, residents can enjoy the ease of access to education and healthcare facilities. Moreover, the surrounding area is enriched with diverse conveniences, including shopping centers, restaurants, and recreational options.
Investors with foresight will recognize the potential of this property. With a strategic vision and a commitment to renovation, this apartment can be transformed into a lucrative asset. Don't miss out on the chance to breathe new life into this one-bedroom haven and capitalize on its prime location. Take the leap and turn this blank canvas into a masterpiece of modern living!

Make that call TODAY!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Land Size
2,622m²
Extras
Access Gate  • Electric Fencing • Fence • Paving • Pool • Family / TV Room

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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

5,418.54

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