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R699,000

Monthly Bond Repayment R7,575.11
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R750

Renovators dream!

Welcome to an exciting investment opportunity in the heart of CW5! This 2-bedroom house, nestled in a prime location, is a diamond in the rough awaiting transformation. With a keen investor's touch, this property holds the promise of becoming a lucrative venture.

As you enter, the kitchen exudes a vintage allure with its old wood cupboards. While these elements carry a touch of nostalgia, they present an excellent opportunity for restoration or upgrading, allowing you to infuse modern functionality into this cozy culinary space.

Throughout the house, the floors are in need of renovation, providing a blank canvas for your creative vision. This presents the chance to select and install contemporary flooring materials, creating a unified and refreshed interior that aligns with modern design trends.

Adding to the property's potential is a flat currently divided into 3 bedrooms. While this space may require some maintenance and renovations, it opens doors to numerous possibilities, such as additional rental income or expanded living quarters. With strategic investment, the flat can be transformed into a valuable asset, enhancing the overall appeal of the property.

The house features a single bathroom equipped with a shower, providing a functional foundation for your upgrade plans. Whether you envision a complete bathroom remodel or targeted renovations, the existing layout allows for customization to suit your preferences.

While lacking in charming rooms, the living room takes center stage, greeting you with its potential for transformation. This space serves as a versatile canvas for creating a welcoming and aesthetically pleasing focal point within the home.

Beyond the interiors, the property boasts a generous yard space—a valuable asset with potential for landscaping, outdoor entertainment areas, or even additional parking. While the house requires some tender loving care (TLC), the scope for enhancement and value appreciation is immense, making it an investor's dream.

In summary, this 2-bedroom house in CW5 is a canvas awaiting your creative touch. With renovations and strategic improvements, you have the opportunity to breathe new life into this property, turning it into a modern, attractive investment that holds considerable potential for future returns. Don't miss the chance to transform this house into a gem in the heart of CW5.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
4
Flatlet
1
Sizes
Land Size
1,113m²

Vanderbijlpark CW 5, Vanderbijlpark

A town rich in history, vibrant culture and loads of amenities is Vanderbijlpark. Named after Hendrik van der Bijl, an electrical engineer and industrialist, Vanderbijlpark was founded in 1942 when the South African Iron and Steel Industrial Corporation had reached capacity. Alongside Vereeniging and Sasolburg, these 3 towns form the Vaal Triangle, one of South Africa's major industrial regions. Vanderbijlpark sits...
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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

7,575.11

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