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R920,000

Monthly Bond Repayment R9,653.16
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Sectional Title Levy
R1,500

The Perfect Investment Property

Are you looking for a great investment opportunity in a highly sought after complex? Look no further than this 2 bedroom, 1 bathroom apartment that is just waiting for some tender loving care to reach its full potential.

Situated in a popular complex in close proximity to schools and malls, this apartment is perfect for investors who want to capitalize on the high demand for rental properties in the area. With a little bit of elbow grease and some updates, this unit can easily become a highly desirable rental property that will generate a steady stream of income.

Don't miss out on this fantastic opportunity to turn this diamond in the rough into a shining gem. Contact us today to schedule a showing and start your journey to financial success with this investment property.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Sizes
Floor Size
57m²
Land Size
22,420m²

Veld En Vlei, Richards Bay

Tucked away on South Africa's northern KwaZulu-Natal coast, Richards Bay is a lively harbour town with a laid-back vibe. Known for its impressive deep-water port and stunning natural beauty, it's where pristine beaches meet sprawling wetlands and diverse wildlife. Whether you're into watersports, birdwatching, or just soaking up the scenery, there's plenty to enjoy here. Balancing industry with leisure, Richards Bay...
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Mzingazi Golf Estate: a slice of coastal paradise in Richards Bay
Nestled along the tranquil waters of Lake Mzingazi in Richards Bay, the Mzingazi Golf Estate is a hidden gem that blends coastal charm with the comforts of modern living. Known for its stunning landscapes and serene ambience,...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

9,653.16

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