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R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,000

Excellent investment opportunity in Henley on Klip

Welcome to our listing! This incredible opportunity offers two stands for the price of one, along with five flatlets that generate a monthly income of R15,000. Let's explore the details of this property:

Property Features:
Two stands for the price of one, providing ample space for expansion or additional development.
Five existing flatlets, offering diverse accommodation options for potential tenants.
Monthly income of R15,000, presenting an attractive investment opportunity.
Flatlet Details:
Three 1-Bedroom Flatlets:
Each flatlet features a comfortable bedroom, a living room, and a well-equipped kitchenette.
Ideal for individuals or couples seeking a cozy living space with separate sleeping and living areas.
Bachelor Flat:
This flatlet comprises a kitchenette and a spacious living area, offering a versatile living space for a single occupant.
Perfect for students or young professionals looking for a compact yet functional living arrangement.
1.5 Bedroom Unit:
This unit includes a living room, a kitchenette, and 1.5 bedrooms, providing additional space for tenants.
The option to add more flatlets to the existing unit opens up potential for increased rental income.

Additional Property Highlights:
Opportunity for expansion: With two stands, there is the potential to build more flatlets or expand the existing units.
Convenient location: The property is situated in a desirable area with easy access to amenities, transport links, and other facilities.
Income potential: The existing five flatlets generate a consistent monthly income of R15,000, making this property an attractive investment with a strong return on investment.
Don't miss out on this remarkable offer! Whether you're an investor seeking a lucrative opportunity or someone looking to enter the rental market, this property provides a solid foundation for growth and profitability.

Contact us today to arrange a viewing and secure this excellent investment.

Features

5
5
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
5
Sizes
Land Size
447m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,088.19

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