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GALLERY

R1,990,000

16 Chestnut Street

Monthly Bond Repayment R20,880.19
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,300

Rental Property for the investor!!!

The Property consists of three, 1 bedroom apartments and two, 2 bedroom units. This property is ideal for the Property investor who is seeking to increase their property portfolio or the aspiring Property Investor who is eager to start their property portfolio. The property is nestled in the suburb of Noordwyk in Midrand.

All the units are currently tenanted, with the property generating just under R30K per month.

If you are ready to be a land lord do give me a call

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
3
Reception Rooms
6
Exterior
Carports / Parkings
10
Flatlet
2
Sizes
Floor Size
500m²
Land Size
1,020m²

Noordwyk, Midrand

Midrand was established around a small village called Halfway House due to its location being halfway between Johannesburg and Pretoria.  Midrand is conveniently situated 38 kms from Lanseria airport and 22 kms from OR Tambo International airport. Midrand also offers residents commuting to and from the big cities convenient travel on the high-speed Gautrain rail system. The weather in Midrand is generally warm...
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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

R 

20,880.19

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