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R430,000

Monthly Bond Repayment R4,078.62
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,020
Monthly Rates
R200

1 Bedroom Apartment For Sale in Ruimsig

1 Bedroom Apartment For Sale in Ruimsig
Rare student accommodation for sale.

A rare sought after investor opportunity with a fixed monthly income The units are managed and maintained by the on-site managing agent for your convenience at a nominal fee. Rental income is over 10 months R6 240 per month per unit.

Fees are paid up front at the beginning of each semester to ensure all your costs are covered while earning a return on your investment.

Great demand for fully furnished 1 bedroom units located at the heart of the campus at Monash South Africa. Affordability and convenience to the mall and university makes this purchase an ideal investment and an excellent way to earn "passive" income. Each unit is fully furnished for the students convenience with the all the necessary items for a comfortable stay. Excellent on site security, patrol units and biometrics access control for students. Each unit has pre-paid meter installed average R120- R200 p.m. Internet, DSTV connectivity, access to Laundry facilities, Hair dresser.
Students are close to all amenities in the surrounding suburb to cater to their additional needs i.e. shopping malls, food outlets and entertainment.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Sizes
Floor Size
28m²

Ruimsig, Roodepoort

For homeowners seeking to invest in Krugersdorp, Randburg or Roodepoort property, Leapfrog offers an excellent range of properties to rent or purchase in this prime area, ensuring something to suit all tastes. The New West Rand area encompasses the suburbs of Roodepoort, Krugersdorp (also known as Mogale City) and Randburg, and offers a range of property options from large free standing houses to apartments and many...
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Disclaimer: While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog 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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

4,078.62

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