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R2,295,000

Monthly Bond Repayment R24,474.56
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,400

Investors Dream: Prime 7-Bedroom Multi-Unit Property

Discover exceptional income potential with this well-structured 7-bedroom property, featuring four one-bedroom units and a spacious three-bedroom home, complete with a double automated garage for easy access. One of the units is equipped with solar power and a gas stove, enhancing its appeal. The expansive lot offers ample parking, with six covered spaces, making this investment a remarkable opportunity for immediate cash flow and long-term appreciation.
Key Features:
• Versatile Unit Configuration: Four comfortable one-bedroom units with pre-paid electricity, ideal for singles or couples, alongside a generous three-bedroom home suitable for families or group rentals.
• Proven Rental Performance: Boasting consistently high occupancy rates and attractive rental income, this property is a turn-key investment.
• Prime Location: Conveniently located near public transport, highways, shopping centers, and dining options, ensuring high tenant demand.
• Low Maintenance: The facebrick exterior and tiled roof reduce upkeep costs.
• Flexible Living Options: The three-bedroom unit can be owner-occupied while generating rental income from the other units.
Financial Insights:
• Strong ROI: Benefit from robust rental yields in a thriving market.
• Value-Add Opportunities: Potential for rental increases through strategic upgrades or added amenities.
Don't miss this chance to enhance your portfolio with a property that offers both cash flow and growth. Schedule a viewing today to explore this ideal investment opportunity!
Contact me for more details and to arrange a tour!

Features

7
6
2
Interior
Bedrooms
7
Bathrooms
6
Kitchens
4
Reception Rooms
8
Studies
1
Exterior
Garages
2
Carports / Parkings
5
Domestic Accommodation
1
Sizes
Floor Size
700m²
Land Size
1,500m²

Witfield, Boksburg

Boksburg property: A profile of Boksburg property from a prospective buyer’s perspective, with information on facilities, attractions and where to buy in Boksburg. Boksburg Property Established in 1887 as a dormitory town servicing the Witwatersrand gold mines, Boksburg was an important mining and industrial hub and is located about 20 minutes from the Johannesburg CBD. One of the fastest growing...
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties 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

24,474.56

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