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R1,100,000

Monthly Bond Repayment R11,730.73
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,000
Monthly Rates
R750

Studio apartment for investment in the ever popular Molteno Park

Spacious and modern studio apartment on the first floor of Molteno Park 1 is now available to sell to any investor as there is a lease agreement in place for the new student year. Contract value is R95 000 which confirms a higher than what we are used to return on investment in Stellenbosch.

The apartment is really spacious and can fit comfortably a double bed, couch, little dining table and study desk. All that is required for a young professional or student. For the size there is a comfortable separate kitchen with space for all amenities. The bathroom comes with a shower bath combo. Also one under roof dedicated parking bay in front of the unit. Molteno Park has easy access to the main roads in Stellenbosch and is walking distance from campus.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Sizes
Floor Size
34m²
Land Size
1,505m²
Extras
Air Conditioner

Stellenbosch Central, Stellenbosch

A profile of Stellenbosch property from a prospective buyer's perspective, with information on facilities, attractions and where to buy in Stellenbosch. Stellenbosch Property Stellenbosch, with its oak-lined streets and Cape Dutch, Victorian and Edwardian architecture, has retained its charming Old World ambience, reflecting its long history as the second oldest town in South Africa.  The bustling...
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

11,730.73

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