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R3,200,000

Monthly Bond Repayment R34,678.63
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R20,000

Investment Opportunity Park Rynie

he property is walking distance from shops and the main Park Rynie beach is about 100m away. King Shaka International Airport is about 100km away and within a 5 minute drive you will find shopping malls, restaurants, diving centers, surfing spots and shark cage diving close by. Beautiful beaches and golf courses. Great investment!
One plot has 12 Units on it and the other is vacant land, total size of 5734sqm. 6 Units have 2 bedrooms with a kitchen, lounge with a bathroom and 6 more units that are basement bachelor units.

Property has a lot of potential and can be renovated to generate a good rental income. Some units are occupied at the moment, other require repairs and maintenance. Property is sea facing and walking distance to the beach. Perfect location in a growing town. There is a demand for rental properties in this area. Enjoy beautiful sea views.

Looking for a good investor to bring out the potential in this investment property. All amenities are nearby including supermarkets,.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Sizes
Land Size
6,003m²
 
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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

34,678.63

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