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R5,600,000

1-7 Sharon Villas, 2 Alwin Street

Monthly Bond Repayment R58,758.34
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R10,761
Monthly Rates
R770
Sectional Title Levy
R1

Exclusive Investment Opportunity: Entire Residential Block in Brooklyn, Milnerton

Take advantage of this rare opportunity to acquire an entire residential block in the suburb of Brooklyn, Milnerton. Comprising seven sectional title apartments and seven garages. This complex offers an attractive proposition for investors seeking an easily manageable property with great rental income.

Each apartment is 53 square meters and features:
• Two bedrooms with vinyl flooring and built-in wardrobes
• A full bathroom equipped with an over-bath shower
• A good size kitchen with granite tops and ample cupboard space
• A large open-plan lounge with sliding doors that open to a Juliet balcony.
• Prepaid water and electricity

The complex is fully tenanted, providing immediate rental income. There is an electric fencing and an automated gate for peace of mind. There is an added benefit of no body corporate due to the size. It is paved throughout and was recently painted, making it an attractive, low-maintenance investment.

Owning a full complex with individually sectional titled apartments provides flexibility in future decisions, offering greater flexibility in terms of future sale or expansion, whether you decide to sell individual units or hold onto the entire property for long-term gain.

Don’t miss out on this fantastic investment opportunity. Contact us today to arrange a viewing.

Features

14
7
7
Interior
Bedrooms
14
Bathrooms
7
Kitchens
7
Reception Rooms
7
Exterior
Garages
7
Carports / Parkings
7
Sizes
Floor Size
512m²
Land Size
696m²

Brooklyn, Milnerton

A profile of Milnerton property from a buyer's perspective, with information on facilities and where to buy in Milnerton. Milnerton Located on Cape Town's Atlantic seaboard, the Cape Town suburb of Milnerton offers buyers the opportunity to blend relaxed West Coast living with the convenience of close proximity to Cape Town's city center. A wide variety of Milnerton properties are available in this...
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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

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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

58,758.34

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