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R2,500,000

Monthly Rates
R900 Excl. VAT

EXCELLENT RENTAL RETURN! OPPORTUNITY TO DOUBLE YOUR INCOME!

Inviting offers from R 2 500 000. Currently zoned as Residential, this property is generating a rental income of R40 000 per month with the option to double this income! With approved plans to extend on an existing outbuilding, this property offers a very promising return. Located in Raumarais Park in close proximity to major transportation routes, Rea Vaya and Damlin College, this investment features 5 accommodation rooms with student facilities and bedding - all included in the sale!

A spacious lounge/dining area leads onto the open-air patio with fitted kitchen leading onto central garden area with laundry and double garage. A separate self-contained cottage with 2 bedrooms, kitchen and bathroom further add to the income-generation of this home and is ideal for the entrepreneur looking for a great investment opportunity! Asking more

Features

0
5
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
420m²
Land Size
2,710m²
Parking Bays
Open Parking Bays
5

Bramley, Johannesburg

Johannesburg is probably South Africa’s most vibrant metropolis; it serves as the capital to the wealthiest province in the country, Gauteng. It is also fondly referred to as “Egoli” or “Jozi”. As well as being the economic hub of the country, it also boasts a wide variety of Johannesburg real estate investment opportunities. From the bright lights and the skyscrapers of the...
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Bramley Is Ideal for New Generation
Bramley is one of the older “family” suburbs in Johannesburg’s north-east quarter that is steadily being renewed and upgraded as a new generation of homeowners move in.   The main attractions for these...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

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%

Monthly Payment

33,037.68

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