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R1,595,000

Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,400

3 Bedroom House with two full Flats.

Chas Everitt Exclusive.

Nestled in the vibrant student accommodation hub of Park West, this property offers a unique investment opportunity. The main house features three spacious bedrooms, providing ample living space for a family or multiple tenants. Additionally, the property includes 2-3 flatlets and two extra rooms, perfect for generating rental income. With its prime location, this property is ideally suited for conversion into high-income student housing, ensuring a steady stream of potential tenants.

With a bit of remodeling, this property can be transformed into a lucrative investment. The existing structure provides a solid foundation, and the additional rooms and flatlets offer flexibility in terms of layout and usage. Whether you’re looking to create a multi-unit rental property or a large shared living space, this property’s potential is only limited by your imagination. Don’t miss out on this chance to invest in a high-demand area and secure a profitable future.

Features

6
3.5
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3.5
Reception Rooms
3
Exterior
Carports / Parkings
6
Flatlet
3
Sizes
Floor Size
370m²
Land Size
1,145m²
Extras
Flat,  • Double Gate,  • Large Under Roof Parking

Park West, Bloemfontein

Bloemfontein is a vibrant and diverse city. It is South Africa's seventh largest city and is home to more than half a million people. This judicial capital of the country has a thriving economy that is reflected in its residential sector. The city's extremely active property market has seen sales soaring in the sectional title unit market. In fact, in 2018, Bloemfontein experienced its highest-ever number of...
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In the news

Chas Everitt Opens New Franchise in Bloemfontein
The Chas Everitt International property group now has an office open in Bloemfontein, which currently has one of the fastest-growing property markets in the country.   The franchise in the Free State’s capital city was...
 
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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

17,009.55

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