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R1,950,000

Monthly Bond Repayment R20,460.49
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R637.3

Fantastic Investment Opportunity In Cosmo City Ext 8 !

Whether you are financing through the Bank or buying with cash from your savings, this investment property with seven contemporary bachelorettes stands out as a promising investment. With a full rental potential of R27,500 per month when fully occupied.

Each bachelor unit is meticulously crafted with an open-plan design integrating a kitchen, lounge, and bathroom. Notably, three bachelorettes offer the luxury of a balcony, creating an idyllic retreat for relaxation and unwinding.

Positioned conveniently close to essential amenities, residents benefit from easy access to public transportation, the local police station, schools, major thoroughfares facilitating travel in and out of Cosmo City, and the bustling New Jackal Corner Mall.

For discerning investors seeking immediate returns, this property is fully tenanted, making it an appealing proposition. Act swiftly to capitalize on this lucrative opportunity before it eludes your grasp.

Viewings are strictly by appointment and reserved exclusively for pre-qualified or approved buyers. Cash buyers are encouraged to ensure their funds are readily available for a seamless transaction process.

If your goal is to maximize your investment's income potential from day one, don't delay—contact us now to arrange a viewing and secure this promising property!

Features

7
7
Interior
Bedrooms
7
Bathrooms
7
Kitchens
7
Reception Rooms
7
Exterior
Carports / Parkings
4
Sizes
Floor Size
210m²
Land Size
260m²

Cosmo City, Roodepoort

History Roodepoort, meaning red valley, was established in 1886 as one of four Witwatersrand goldfields.  With 98% of South Africa's gold production coming from this area, Roodepoort homeowners can literally say, their town is built on gold. Following the discovery of massive amounts of gold on the Witwatersrand and the need for a major town west of the reef, Krugersdorp was founded in 1887. In 1961 South...
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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

20,460.49

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