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R19,000,000

Monthly Bond Repayment R192,893.50
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R8,227

20 UNITS SELLING AS ONE ENTITY: Modern, Fully Rented Complex!

This brand-new complex presents an outstanding investment opportunity with excellent rental returns and hassle-free management. It offers a total of 20 well-designed units, each tailored for comfortable, modern living. There are 4 spacious 2-bedroom units, each featuring 2 bathrooms, a double garage, and its own private garden — ideal for young couples, small families, or professionals seeking a secure, low-maintenance lifestyle. In addition, the complex includes 16 generous 3-bedroom units, each also boasting 2 bathrooms, a double garage, and a private garden, making them perfect for growing families who value space, convenience, and privacy.Every unit in this complex is fully rented, providing immediate income from day one. Each unit is equipped with prepaid electricity meters and its own individual water meter, ensuring accurate billing for tenants and hassle-free utility management for the owner.

The complex’s location is another major drawcard — ideally situated within walking distance from reputable schools and popular shopping centers. Residents enjoy easy access to daily necessities, quality education, and a variety of retail outlets and services, all while living in a secure, well-maintained environment. Whether you’re looking to expand your property portfolio or secure a stable income-generating asset, this complex is the perfect choice. With its combination of modern finishes, practical layouts, and an unbeatable location, it’s designed to deliver excellent returns and long-term value. Don’t miss this rare opportunity to own a fully tenanted, modern complex in a highly desirable area.

Features

3
2
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Sizes
Land Size
8,035m²

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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

192,893.50

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