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R1,165,000

Monthly Bond Repayment R12,423.91
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,160
Monthly Rates
R400

CALLING ALL INVESTORS!!! VERY SPACIOUS 2 BEDROOM LOW MAINTENANCE APARTMENT IN CENTRAL AREA OF BELLVI

The property is situated in the very popular Joubert Park, Groenvallei.

There are two spacious bedrooms, both with built in cupboards, ample space for a double bed and tiled flooring.

The bathroom consists of a shower, basin with cabinet for added storage and a toilet.

The modern kitchen has cupboards in light wood for added light and a modern look. There is an under counter oven with electric hob. A water connection for a washing machine or dish washer and more than enough space for a fridge.

The lounge and living room area is open plan and has tiled flooring with a sliding door that allows for ample natural light to pour in.

There is a dedicated Office Nook, perfect for hybrid / remote work / studying.

Unfortunately, there is no garage but there is one open Parking space for easy access to the Apartment.
The Apartment is within a secure Complex with a secure entrance gate and well-maintained grounds which ads to the peaceful environment.

All structures are on approved building plans.

Fibre Internet cable.

Investors: There is a Lease agreement in place until 25 April 2025.
The current Rental Income is R7500.00 per month.

The property is close to amenities such as a mini shopping centre, a very popular Spar and filling station. Easy access to all mayor routes, including the R300, N1, Bottelary Road and other main routes.
This route also includes Public transport which is ideal for Students who need to travel to one of the various Colleges and University around the Bellville and Durbanville area. The primary and high schools in the area are all well-known and offers various extra mural activities.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
50m²
Extras
All structures on approved plans  • Fibre Internet Cables  • Security gate  • One open parking space
 
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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

12,423.91

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