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R1,800,000

Monthly Bond Repayment R18,274.12
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,000

Investment Property in Highbury

Situated in the tranquil area of Highbury, this expansive 4,000m² property offers a lucrative investment opportunity with significant rental income potential. The property comprises a main house and 11 separate rental units, with three additional one-bedroom apartments currently under construction. All structures have approved building plans, ensuring compliance with local regulations. The main house can be utilized as additional rental space or as accommodation for the owner or a property manager, providing flexibility to suit various investment strategies.

While the buildings are structurally sound, minor cosmetic improvements such as tile repairs and painting are needed to enhance their appeal. Beyond the existing structures, the property boasts ample undeveloped land, presenting opportunities for further expansion. Potential developments include additional rental units, storage facilities, or small-scale agricultural ventures, each capable of increasing the property's income-generating capacity. This property is ideal for investors seeking a solid foundation with room for growth in a serene setting. Don't miss out on this exceptional opportunity—contact us today to arrange a viewing.

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
11
Sizes
Land Size
4,047m²

In the news

STANDER'S TEAM COMES OUT TOPS!
"EXCELLENT service without exception... always!" That is the motto of Benita Stander, the principal/director of Castello Properties trading as DPG - Gary Mann Estates, the ace Gauteng-based branch of the Dormehl Phalane Property...
 
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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

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

18,274.12

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