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R750,000

Monthly Bond Repayment R7,869.42
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R800
Monthly Rates
R1,300

Investment Property For Sale In Meer En See, Richards Bay

Excellent investment property with a 9% net return.

This is a great opportunity for an investor to generate an extra income as we have recently placed tenants in the unit on a 12 months lease agreement.

The apartment features a harmonious blend of laminate and tiled flooring, offering both elegance and practicality. The spacious bedroom provides a cozy haven for relaxation, while the open-plan living area seamlessly connects the lounge and kitchen, creating an inviting atmosphere for entertaining guests or enjoying quiet evenings at home.

As you step outside, you’ll be greeted by a manicured, level garden. With a durable tile roof, this apartment not only enhances curb appeal but also ensures longevity and minimal maintenance.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
85m²
Extras
Carport • Tiled Floors • Burglar Bars • Complex • Garden • Laminated Floors • Curtain Rails • Basin • Shower, Toilet and Basin
 
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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

7,869.42

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