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R725,000

Monthly Bond Repayment R7,116.91
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,124.9
Monthly Rates
R300

PERFECT LOCK-UP-AND-GO APARTMENT IN GATED SECURITY COMPLEX

Introducing this lucrative property investment opportunity in Forest Place - a secure gated complex with 24-hour manned security.

This apartment is ideal for first time home-owners and those entering the property market. For the buy-to-let investor this property promises a a rental income of R6950 per month.

FEATURES: The apartment offers 2 spacious bedrooms with built in cupboards and one bathroom with tiled floors. The modern open-plan living area leads into the kitchen with built-in cupboards, electric oven and hob with tiled floors. There is one allocated open parking bay per unit.

The main attraction of this property is its central location, with direct access to the new Sandown N7 Road Extension. IIt is also in close proximity to hospitals, schools such as Curro, shopping centres, Netcare and the CBD with convenient access to the My City Bus routes.

SAFETY AND SECURITY: This complex offers 24/7 security services with electric fencing. The complex is under strict management and the security guard is ever present. For viewing, please do not hesitate to contact us.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
53m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Igrow Group website is accurate and up to date, Igrow 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.

R
R

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

7,116.91

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