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R750,000

1411 Red Ivory Lane, 51 Avalon Road

Monthly Bond Repayment R7,998.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,090
Monthly Rates
R364

One Bedroom Apartment with Secure Lease For Sale in Modderfontein

GREAT INVESTMENT OPPORTUNITY WITH SECURE LEASE. NO TRANSFER DUTY

Situated on the third floor in Modderfontein, this one-bedroom apartment offers a contemporary and convenient living space. The open-plan design with double volume ceilings combines the living area with a modern kitchen, equipped with a fridge and washing machine and dryer. The kitchen features a gas hob and electric oven, catering to both efficiency and style. The well-proportioned bedroom comes with an en-suite bathroom, ensuring privacy and comfort for the resident.

A highlight of this property is the current secure tenant in place, adding an extra layer of stability for potential buyers or investors, (arrangements can be made for the tenant vacate with adequate notice).

This one-bedroom gem in Modderfontein presents an opportunity to experience modern living in a well-equipped and secure environment, making it an attractive prospect in the real estate market.

One of the notable features of this apartment is the charming patio that comes with a built-in braai, providing an ideal space for outdoor entertainment. The patio offers picturesque views across the complex, creating a serene atmosphere for relaxation. Additionally, residents have access to a dedicated carport, ensuring convenient and secure parking.

The complex itself boasts amenities that enhance the overall living experience. A communal pool invites residents to unwind and enjoy leisurely moments. For families, there is a kid's play area, adding a family-friendly touch to the community. The presence of a clubhouse further extends the options for social gatherings and events. Small pets are welcome by arrangement with the complex.

This home is near Modderfontein Village & Flamingo Centre, Greenstone Mall & Stoneridge Shopping Centre with easy access to good schools, golf course, mountain bike trail, nature reserve and main highways.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
57m²
Extras
Pre Paid,  • Water,  • Electricity,  • Fibre,  • Gas Hob,  • Gas Braai,  • Washing Machine,  • Tumble Dryer,  • Fridge

Modderfontein, Edenvale

Prospective home buyers are certain to find the right Edenvale property, whether it’s a security estate, a cluster, one of the older Edenvale houses for sale, a modern townhouse complex or even an apartment. Edenvale Past   Edenvale formed part of the farm number 9, Rietfontein. This farm was owned by Tobias Mynhardt who subdivided the farm in 1890 into four major areas, namely: Eastleigh, Edenvale,...
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

7,998.22

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