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R9,000,000

Monthly Bond Repayment R86,851.95
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

INVESTMENT OPPORTUNITY

A rare opportunity to acquire a freehold residential investment in the heart of Phoenix.

It has 10 apartments all fully let with a rental income estimated at R 50 000

Each unit consist of:

- 2 bedrooms with build in cupboards

- 1 bathroom

- Spacious open plan kitchen and lounge

- fully tiled

Safe and secure, fully walled and gated, secure parking

Central to schools.

Close to all amenities.

Ideal for property investors.

Call agent for details or to view.

Features

20
1
Interior
Bedrooms
20
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Yes
Sizes
Land Size
581m²

Redfern, Phoenix

Phoenix  was established in 1976 and is situated 20km northwest of central Durban. It is said to be one of the oldest Indian settlements in South Africa.  The Phoenix Settlement is a South African Heritage site, marking the place Gandhi developed his philosophy of passive resistance that was to eventually free his homeland of India from British colonial rule. The strength in community is evident in...
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Disclaimer: While every effort will be made to ensure that the information contained within the Ingwe Property Group website is accurate and up to date, Ingwe Property Group 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.

R
R

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

86,851.95

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