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R7,500,000

Monthly Bond Repayment R81,278.03
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,342

High Yield Multi-Unit Investment Opportunity FOR SALE in Table View

Presenting a prime multi-unit investment opportunity in the highly desirable Table View area, featuring four spacious 3-bedroom, 2-bathroom units. Each unit comes with a fireplace, 2 private gardens including a covered patio with a built-in-braai, perfect for outdoor enjoyment, as well as a single garage per unit for added convenience. Visitor parking available, enhancing the appeal for both tenants and guests. With an impressive 100% occupancy rate and a solid rental history, this property ensures stable cash flow and minimizes vacancy risk, making it an ideal addition to any investment portfolio.

Currently yielding an attractive 9.54% before final negotiations, this property stands out in a competitive market. Each unit is equipped with its own water meter, facilitating convenient cost recovery and enhancing overall management efficiency. Located close to local amenities, schools, and public transport, this investment not only offers strong financial returns but also promises potential future appreciation as Table View continues to thrive. The property has not been sectionalized and offers existing GR3 Zoning.
Contact me to discuss how we can add this asset to your portfolio as a first time or well seasoned Investor. The property can also be sold as a going concern.

Features

12
8
4
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
8
Kitchens
4
Reception Rooms
4
Exterior
Garages
4
Carports / Parkings
4
Sizes
Land Size
1,004m²
Extras
24 Hour Access • Cluster Home • Covered Patio • Built In Braai • Built in Wardrobes • Complex • Electric Gate • Double Storey • Freestanding • Perimeter Wall • Residential • Secure Parking • Level Road • Conventional

Flamingo Vlei, Blouberg

With its long white beaches and iconic views of Table Mountain, the Blouberg area is the area of choice for locals, holiday makers and "semi-grants" alike. Watching the sun set on the horizon while the evening lights start to twinkle in the City Bowl at the foot of the mountain, enjoying your favourite water sport or just watching the hundreds of colourful kites transport their intrepid surfers across the...
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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

81,278.03

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