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R850,000

Monthly Bond Repayment R9,064.65
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,258
Monthly Rates
R200

2 Bedroom Apartment - Perfect Place To Call Home / Invest

Situated in the suburb of Springbok Park, Penny Lane Complex is close to all amenities. Brackenfell Primary School, Brackenfell High School, Paarl School, Brackenfell Shopping Centre, as well as MediCross Brackenfell.

This lovely ground floor apartment features 2 spacious bedrooms with built-in-cupboards, and one family bathroom with toilet, basin and bath with shower head attachment.

Put your feet up after a long day's work in your comfortable lounge that leads to the kitchen.

One parking bay is included. Penny Lane features so much more than just comfortable living, electrical fencing, security gate and secure parking for 24h surveillance. Current rental income for this property is R7 100 with a lease agreement until 30 November 2025.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes

Springbok Park, Brackenfell

Welcome to Brackenfell Nestled between the metropolis of Cape Town and the beauty of the Winelands, Brackenfell is an ideal home for those looking for a peaceful way of life. With easy access to both city life and scenic countryside, Brackenfell offers the best of both worlds.  Brackenfell gets its name from George Henry Walton, who bought the land in 1901 and named the area in honour of his Scottish roots....
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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

9,064.65

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