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R590,000

Monthly Bond Repayment R6,291.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R686

FOR SALE!!!!

Brakpan North, a vibrant suburb in Gauteng, South Africa, offers an exceptional investment opportunity with a property featuring two bedrooms, one bathroom, a lounge, a kitchen, and two carports. This property stands out for several reasons, making it an attractive choice for investors seeking rental income or future resale value.Firstly, the two-bedroom layout is ideal for small families, young professionals, or couples, ensuring a steady demand for rental properties. With ample space in the lounge and kitchen, it provides a comfortable living environment that appeals to a wide demographic. The property’s one bathroom is conveniently located, catering to the needs of its occupants without compromising on privacy.Secondly, the presence of two carports is a significant advantage in Brakpan North, where vehicle ownership is common. This feature not only enhances the property's appeal but also adds value by providing secure parking for tenants. Furthermore, the suburb is known for its accessibility to essential amenities such as schools, shopping centers, and public transport, making it an attractive location for renters.In terms of investment potential, Brakpan North has shown resilience in property values, making it a stable area for long-term investment. With its strategic location and desirable features, this property offers an excellent opportunity for investors looking to maximize their returns in a growing market. Investing in this property could yield substantial benefits, including consistent rental income and potential appreciation in value over time.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
89m²
Land Size
9,053m²

Brakpan North, Brakpan

Brakpan property: A profile of Brakpan property from a prospective buyer’s perspective, with information on facilities and attractions. Brakpan Property Situated between Benoni and Springs, Brakpan is an industrial centre in the Witwatersrand mining area of the Gauteng province. It’s home to over 305,000 people. Brakpan properties cover a range of attractive residential options, from family...
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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

6,291.93

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