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R2,580,000

Monthly Bond Repayment R27,513.88
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R4,900

Lucritive Investment

Discover a prime investment opportunity in the heart of Baillie Park! This registered commercial property features three one-bedroom apartments and one two-bedroom apartment, plus an additional fifth apartment, generating a robust rental income of R25,000 per month. Ideally located next to CTU Potchefstroom, this property attracts a steady stream of tenants, making it a lucrative addition to your portfolio. With its excellent location and strong rental demand, this investment promises both immediate returns and long-term growth potential. Don't miss out on this exceptional opportunity!

Features

6
5
Interior
Bedrooms
6
Bathrooms
5
Kitchens
5
Reception Rooms
5
Exterior
Carports / Parkings
10
Sizes
Floor Size
179m²
Land Size
701m²
Extras
Student Accommodation • Shower, Toilet and Basin • Extractor Fan • Fibre • Balcony • Double Storey • Electric Fencing • Electric Gate • Carpets

Baillie Park, Potchefstroom

Potchefstroom, fondly referred to as Potch, looks like a beautiful country town yet feels like a lively energetic town. It is home to students benefiting from degrees available to them through the North-West University. Also known as the home of sport, Potchefstroom is home to many local athletes and hosts over 1000 international athletes annually, this is largely due to its very clean air as a result of low levels...
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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

27,513.88

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