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R1,200,000

88 Champion

Monthly Bond Repayment R12,797.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R681.6

Investment Property Opportunity in Cason, Boksburg – Generate Steady Rental Income

This lucrative property offers a fantastic rental income stream with 9 fully occupied rental rooms and the potential to add a 10th room for even more income. Each room is designed with tenant convenience in mind, featuring pre-paid electricity meters, space for a stove, a bed, and cupboard storage. The setup ensures easy and independent living for your tenants.
Security is a top priority, and the property is equipped with security cameras for added peace of mind, giving both you and your tenants an extra layer of protection.

Shared facilities include:

2 indoor bathrooms and 3 outdoor bathrooms
Laundry area and convenient wash-up area
Washing lines for tenants' laundry
Communal water charges are billed to each tenant, ensuring seamless cost management.
Located in the heart of Cason, Boksburg, this property enjoys close proximity to essential amenities, making it highly desirable for tenants.

Nearby facilities include:
Cason Road Filling Station, Ekurhuleni Metropolitan Police Department, Boksburg Police Station, Adies Centre, Village Mall, Centre Point Shopping Centre (Market Street), South African Police Service Actonville, Medi Star Clinic, Surgical Clinic, Netcare Travel Clinic, Laerskool J M Louw, Smiley Kids Boksburg North, New Comet Primary School.

This property offers a sound investment opportunity with excellent rental income potential in a high-demand area. Don't miss out on securing this income-generating gem!

Features

9
5
Interior
Bedrooms
9
Bathrooms
5
Exterior
Carports / Parkings
8
Sizes
Land Size
653m²
Extras
Bath, Toilet and Basin • Carpets • Carport • Burglar Bars • Communal • Courtyard • Double Bed • Driveway • Curtain Rails • Fibre Cement • Freestanding • Near Bus Service • Near Mini Bus Service • Residential • On Street Parking • Tiled Floors

Cason, Boksburg

Boksburg is situated on the East Rand in Gauteng only 15 kms from OR Tambo International Airport and 20 kms from the Johannesburg CBD.  Located between the N12 and N17 commuting to Alberton, Benoni, Brakpan, Germiston and Johannesburg is a quick, convenient trip. The Metrorail line runs from Springs - Johannesburg and the airport.  LOCATION: Homeowners in Boksburg have a choice of every type of property from...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

12,797.16

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