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R1,690,000

Monthly Bond Repayment R18,314.65
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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An Investor 's opportunity, buy this prperty today!!!

Situated in the vibrant SE 7 neighborhood next to Vaal University of Technology, this property is a promising business venture, having been converted into student accommodation. With 19 rooms, each thoughtfully designed with a study desk and built-in cupboard, the space is tailored to meet the needs of students seeking a conducive living and learning environment.

The property further stands out with a spacious ensuite, a dedicated laundry room, and a communal TV room for residents to unwind. Notably, it offers ample restroom facilities with 5 toilets and 6 showers, ensuring the comfort of its occupants. The inclusion of backup electricity and solar panels emphasizes a commitment to sustainability, providing reliability in power supply. Additionally, the gas stove adds a touch of convenience to daily living.

Beyond the interior amenities, the property extends its appeal outdoors. A pool, though currently requiring maintenance, presents an opportunity for recreational activities once revitalized. An adjoining entertainment area offers a space for students to refresh and socialize. The well-manicured green lawn enhances the aesthetic appeal of the property, creating a pleasant atmosphere for residents. Importantly, its proximity to the campus makes it a strategic choice for students, facilitating easy access to academic facilities.
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Features

19
3
Pets Allowed
Yes
Interior
Bedrooms
19
Bathrooms
3
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Pool
Yes
Extras
24 Hour Access • Bath, Toilet and Basin • En Suite • Double Basin • On Street Parking • solar pannels • Fibre • TV • pool • Built In Braai • Contemporary • Steel • East • Washing Machine Connection • Bath

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

18,314.65

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