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R1,350,000

Monthly Bond Repayment R14,630.05
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Investor 's opportunity!ideal for generating income.

Nestled within the serene embrace of a beautifully landscaped lawn, this property, now thoughtfully converted into a student residence, boasts a harmonious blend of functionality and aesthetic charm. The inviting atmosphere is further enhanced by the sparkling swimming pool, offering a refreshing oasis for residents.

Two generously-sized garages stand as a testament to the practicality of the space, providing ample room for vehicles or additional storage. The carefully laid pavement contributes to the overall appeal, ensuring a neat and well-organized exterior.

Step inside, and you'll discover more than just the essentials. A spacious lounge area sets the stage for relaxation and social gatherings, while an adjoining entertainment or study area adds versatility to the living spaces. Whether it's unwinding after a day of classes or diving into academic pursuits, this property accommodates diverse lifestyles.

Despite its current role as a student residence, the property retains its potential to seamlessly transition back into a warm and welcoming family home. The design elements and layout cater to both communal living and private retreats, creating a versatile environment suitable for various needs.

For those with an entrepreneurial spirit, the property's strategic location—proximate to campus—presents a golden opportunity for generating income through rentals. The demand for student housing ensures a steady stream of potential tenants, making it an attractive investment prospect.

In essence, this property not only fulfills its current purpose as a student residence with flair but also holds the promise of transformation, offering the flexibility to adapt to the evolving needs of its future occupants, whether they seek the comforts of a family dwelling or a lucrative rental property close to the bustling campus life.

Features

10
2
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Pool
Yes
Sizes
Land Size
869m²
Extras
24 Hour Access • 24 Hour Response • Alarm System • Bath Toiletand Basin • Carport • Double Basin • Eye Level Oven • Double Parking • Gas Hob • Fibre • Jacuzzi Bath • Shower Toiletand Basin • Single Bed • TV • West • Galvanised Steel Roofing • Steel

Vanderbijlpark SE 7, 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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,630.05

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