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R699,999

Monthly Bond Repayment R7,465.00
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Double-Story Rental Investment

This spacious 7-bedroom property, fully converted for rentals, presents a lucrative investment opportunity with a monthly income of approximately R10,000. It is fully tenanted, ensuring immediate returns.


Key features include:
• A garage that accommodates 2 vehicles
• A communal kitchen for shared convenience
• Secure sliding gate for added safety


Each bedroom offers unique characteristics, such as a glass sliding door, tiled floors, ceiling fans, and built-in cupboards. The communal spaces include a single upstairs toilet and a bathroom equipped with a shower. The property's layout and amenities make it highly appealing to tenants, ensuring long-term occupancy and reliable rental income.


Don't miss out on this profitable investment in a growing community.

Features

7
2
1
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
3
Sizes
Land Size
252m²
Extras
Balcony • Blinds • Built in Wardrobes • Burglar Bars • Communal • Cooling Fans • Curtain Rails • Dishwasher Connection • Double Storey • Freestanding • Guest Toilet • Near Mini Bus Service • Open Plan Kitchen • Paveway • Perimeter Wall • Residential • Secure Parking • Security Gate • Shower, Toilet and Basin • Single Parking • Sliding Doors • Tiled Floors • Tandem Parking • Totally Walled • Washing Machine Connection • Street Front

Diepsloot, Midrand

Midrand was established as a Local Municipality in 1981, but was incorporated into Region 2 of the City of Johannesburg during the late 1990's and as of 2006, when the number of regions where reduced to seven, it forms part of Region A. Midrand officially ceased to exist in 1998 when Act 15 of 1981 Town Council of Midrand Act was repealed by Act 10 of 1998 Rationalisation of Local Government Affairs...
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R

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

7,465.00

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