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R9,500,000

Monthly Bond Repayment R99,679.32
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Calling all investors

Nestled in the heart of Sonheuwel, this charming apartment block presents an enticing investment opportunity. Conveniently located near the hospital, shops, and schools, it offers residents / guests easy access to essential amenities. Situated next to a picturesque greenbelt, it provides a serene environment amidst the hustle and bustle of urban life.

Comprising 12 units in total, the apartment block features a well-balanced mix of accommodation. Six one-bedroom units cater to singles or couples, while six two-bedroom units offer ample space for small families or individuals seeking extra room. Each unit is thoughtfully designed to maximize comfort and functionality, ensuring a cozy living experience. Business rights for a guesthouse for tourism accommodation are included in the price.

Parking is plentiful, ensuring residents and guests have convenient access to their vehicles. Additionally, an outdoor braai and picnic area provide a perfect setting for social gatherings and relaxation, enhancing the sense of community within the property.

This apartment block's security features includes the following: cameras, armed response, electric gate, and an electric fence.

Sold as a going concern, this property presents endless opportunities for investors looking to capitalize on the growing demand for rental accommodation in the area. Whether you're seeking steady rental income or looking to expand your property portfolio, this apartment block promises a lucrative investment in a prime location.

Features

18
12
Interior
Bedrooms
18
Bathrooms
12
Kitchens
6
Reception Rooms
6
Furnished
Exterior
Carports / Parkings
16
Sizes
Floor Size
615m²
Land Size
1,090m²
Extras
24 Hour Access • Balcony • Built in Wardrobes • Burglar Bars • Electric Fencing • Electric Gate • Open Plan Kitchen • Shade Net Covered • Shower, Toilet and Basin

Sonheuwel, Nelspruit

Nelspruit, or Mbombela since 2009, was founded in 1895 on the banks of the Crocodile River, by 3 Nel brothers who used to bring their cattle to graze in the winter months. It is a city in north-eastern South Africa and the capital of the Mpumalanga province. Nelspruit lies west of the Mozambique border, east of Johannesburg and north of the Swaziland border. There are 2 airports in Mpumalanga, Kruger Mpumalanga...
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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

99,679.32

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