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R3,750,000

2095 Smuts Street

Monthly Bond Repayment R39,991.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,116

Unmissable Investment Opportunity: Develop 28 Modern Units in Sought-After Riebeek West

Exclusive Development Opportunity: 28 Sectional Title Units in Riebeek West

An exciting investment awaits with this fully approved project for 28 two-bedroom apartments, each offering off-street parking and secure living. Two showroom units are currently being built, giving a clear preview of the stylish, modern interiors that will attract both buyers and renters.

This ready-to-go development comes with pre-approved plans and financing, making it an ideal venture for investors looking for strong returns in the highly desirable Riebeek West area. The town’s charm, combined with steady property value growth, makes it a prime location for young families and rental income seekers.

The units are designed to maximize space and comfort, with two bedrooms featuring built-in cupboards, a well-equipped kitchen with ample storage, and an open-plan living area that leads to a private patio for ground-floor units. The complex offers secure, remote-controlled access, with one allocated parking bay per unit.

With demand high and some buyers already interested, this project is a rare chance to finish the development, unveil the showhouse, and capitalize on the growing property market in the Valley.

 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

39,991.11

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