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R799,000

Monthly Bond Repayment R8,383.56
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,050
Monthly Rates
R991

Kensington Place: Residential Development in Ferndale, Randburg - Two Bedroom Apartments at R799 000

Welcome to Kensington Place, a quality residential development in the well-established and popular area of Ferndale, Randburg in Johannesburg.

Offering easy access to public transport, shopping centers, and exceptional medical care facilities.

Perfectly suited for those in search of a secure and comfortable home.

Apartment Features:
- Designer kitchens with granite tops and built in cupboards
- Built in stove and oven with extractor fan
- Space for a washing machine
- LED energy efficient bright lighting
- Bath with stainless steel mixers (with shower head fittings)
- Plenty of built in cupboard space
- Open plan living with modern tiles throughout
- DSTV ready
- Ground floor apartments offer exclusive use areas
- Covered parking bays
- Occupation on registration


Investment Benefits:
- Monthly contributions from -R1 388 per month*
- R48 000 rental assist exclusive to IGrow investors
- Rental management special - 50% discount
- Earn immediate income from registration
- Gross rental yields up to 13,31%
- Average rental income from R7 060 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Tenant insurance offered - secure your rental income
- IGrow Rentals will place and manage your tenant for you
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R5 000 reservation deposit required (refundable should financing not be approved)

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
10
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
42m²
Extras
Electric Fencing
 
  • 1
 

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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.

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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

8,383.56

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