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R700,000

2 555, 23a Seymour Street

Monthly Bond Repayment R7,585.95
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Sectional Title Levy
R1,300

Super Secure, Small Complex, Low Levy Simplex, Triple Bonus

So, you are a savvy investor with a pallet for student rentals. Having a refined taste, you are not into the little or scruffy rooms so often found in the area. Introducing a viable luxury alternative for future CEOs. Actuaries, Accountants, the Chartered types. Your tenant knows where they are going and they need proper security with a separate study and a separate room. Decent kitchen with laundry and secure space for hanging your Louis Vuitton shirts and Dolce and Egyptian cotton linen.

So, if you are a landlord who likes "well-to-do" students who are great executive tenants then this property is the perfect investment for you and South Africa's economic powerhouse individuals. Oh yes, the property is close to the main universities in JHB and has parking for the students whip.

There are not many of these types of student rentals in the area at all. And the 2nd bedroom can house a 2nd student or visitor for the main tenant.

The rental is R8500 per month. And always occupied.

Offers from R700 000 and upwards will be considered

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
65m²
Land Size
496m²
 
  • 1
 

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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

7,585.95

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