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R1,775,000

Monthly Bond Repayment R19,235.80
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,000

2 Bedroom House For Sale in Oos Einde

This LONG-TERM INVESTMENT PROPERTY is situated in Eastend

Main House:
Layout: The main house features a comfortable two-bedroom layout, each with its en-suite bathroom. This setup provides privacy and convenience for occupants.
Amenities: The main house is equipped with a prepaid meter, offering flexibility and control over utility expenses. Additionally, it has its geyser, ensuring hot water availability without relying on shared resources.

Rental Potential:
The main house can generate rental income from tenants seeking a cozy and private living space, appealing to small families, couples, or professional flatlets:
•Accommodation: At the back of the property, there are two separate flatlets, each boasting two bedrooms and a shared bathroom. This configuration accommodates larger households or individuals seeking shared living arrangements.
•Income Potential: The two flatlets present additional income opportunities, catering to tenants looking for affordable yet spacious accommodations. The potential rental income from these units contributes significantly to the property's overall revenue stream. Demand: Given the increasing demand for rental properties, especially those offering multiple units, the flatlets are likely to attract tenants quickly, ensuring consistent rental returns for investors.

Additional Features:
Water Supply: The property is equipped with a JoJo tank connected to a borehole, offering a reliable and cost-effective water supply. This feature mitigates dependency on municipal water, reducing operational expenses and enhancing the property's resilience to water shortages.
Parking: Covered parking space is available on-site, providing tenants with secure and convenient parking facilities. This amenity adds value to the property, particularly in areas where parking is limited or expensive.

Financial Projection:
Rental Income: With an approximate monthly income of R14,000 from the flatlets ONLY, the property offers a promising return on investment. Investors can expect steady cash flow and favorable rental yields, making it an attractive investment opportunity.

Conclusion:
Overall, this property presents an enticing investment opportunity for savvy investors seeking consistent rental income and long-term appreciation. Its versatile layout, convenient amenities, and steady cash flow potential make it a valuable addition to any investment portfolio in the real estate market.

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
3
Flatlet
3
Sizes
Land Size
845m²
Extras
Borehole • Access Gate  • Fence • Garden • Paving • Pets Allowed • Family / TV Room

Oos Einde, Rustenburg

Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World...
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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

R
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Monthly Payment

19,235.80

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