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R2,200,000

Monthly Bond Repayment R23,461.45
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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"Prime Investment Opportunity"

Discover an exceptional investment opportunity with this multi-let property in the sought-after area of Glen Marais, Kempton Park.

Boasting a strategic location and promising rental potential, this property presents an attractive option for savvy investors. With multiple units available for leasing, it offers diversified income streams, reducing dependency on individual tenants. Each unit is thoughtfully designed and maintained to attract long-term tenants, ensuring consistent rental income.

The property's proximity to key amenities such as schools, shopping centers, and transportation hubs enhances its appeal to potential tenants, fostering high occupancy rates. Additionally, Glen Marais's reputation as a desirable residential area adds to the property's long-term value appreciation potential.

Don't miss out on the opportunity to secure a lucrative investment in this thriving community. The property with existing tenants generating approximately R 24 600 monthly income. Ideal for investors seeking a hassle-free income stream in a thriving residential area.

Features

5
5
2
Interior
Bedrooms
5
Bathrooms
5
Kitchens
5
Reception Rooms
5
Exterior
Garages
2
Carports / Parkings
4
Flatlet
5
Sizes
Floor Size
1,028m²
Land Size
1,029m²

Glen Marais, Kempton Park

Introduction Welcome to Glen Marais, a quiet community located within Kempton Park, Gauteng, South Africa. Famously known for its quiet residential environment and enviable location, residents of Glen Marais enjoy a laid-back life with everything they need within reach. It does not matter whether you are planning to move to the area or merely looking around for attractions that can be found in this suburb; as...
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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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R

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

23,461.45

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