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R6,100,000

Monthly Bond Repayment R66,106.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R6,800

Investment opportunity

This 10-unit complex comprises five 3-bedroom and five 2-bedroom units all owned by a single owner. Now in the market for the first time since being built during 2005.

Each three-bedroom unit has en-suite and main bathrooms(both with shower and bath), kitchen, laundry area, open-plan lounge and double lock-up garage. The two-bedroom units include a single bathroom (with bath and shower), kitchen area, open-plan lounge and single lock-up garage. All bedrooms are carpeted, whilst all bathrooms have tile flooring.



Small lawns in front of each unit, and washing lines at the rear. Tiled roofs throughout the complex. Electrified fences and motorised access gates secure the complex. Prepaid electricity meters in all units, as well as for electric fencing & gate motors. Pressure pump and 2x 10000li water tanks recently installed.

Asking price includes VAT, so if the buyer is VAT registered it can be claimed back from the Receiver of Revenue. Accounting books can be provided to serious investment buyers.

Features

3
2
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
2
Sizes
Land Size
3,468m²
Extras
Laundry • TV Port • House Style: Contemporary • Living Area: Open Plan • Kitchen: Open Plan • Main Bedroom: Double • Main Bedroom: Built-in-robe • Ensuite: Bath • Ensuite: Separate Shower • Bedroom 2: Single • Bedroom 2: Built-in / Wardrobe • Bedroom 3: Single • Bedroom 3: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Kitchen • Window Coverings: Drapes • Heating / Cooling: Electric • Garaging / Carparking: Double Lock-up • Land Contour: Flat To Sloping • Condition: Good • Water Supply: Town Supply • Sewerage: Mains

Parys, Parys

Parys is a town situated on the banks of the Vaal River in the Free State province of South Africa. Parys is the Afrikaans pronunciation of Paris and legend has it that the name was given by a German surveyor named Schilbach who had participated in the Franco-Prussian War siege of Paris. With the town being set on the banks of the Vaal River it is said to have reminded him of Paris on the banks of the river Seine...
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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

66,106.13

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