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R1,500,000

Monthly Bond Repayment R16,255.61
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Expansive Property with Multiple Rooms Available for Business Use

Nestled on a 542 square meter parcel of land with advantageous low rates and taxes, this property is strategically positioned adjacent to the primary school. Boasting 8 rental units, each encompassing 1 bedroom, a private shower, and a kitchen, this property offers convenience and comfort. Additionally, each unit is equipped with outdoor washing basins. The property features a carport for 2 vehicles and ample land space for up to 10 additional cars. This property presents an ideal opportunity for entrepreneurial endeavors.

Features

8
8
Interior
Bedrooms
8
Bathrooms
8
Exterior
Carports / Parkings
12
Security
Yes
Sizes
Floor Size
542m²
Land Size
541m²

Protea Glen, Soweto

On the border of the city of Johannesburg’s mining belt in the south, likes the trendy and vibrant Soweto.  Although the name Soweto is an abbreviation for South Western Townships, this metropolitan area, filled with diverse cultures, hardly fits the stereotypical definition of a township anymore.  It is rumoured that there are more millionaires living in Soweto than anywhere else in South Africa. Soweto is...
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In the news

Soweto Estate Agents Struggle to Keep up with Housing Demand
The Soweto residential property market is currently experiencing a boom and the only factor holding it back is a dearth of suitable stock.   So says Lot Ncube, a Soweto area specialist for the Chas Everitt International...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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.

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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

16,255.61

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