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R980,000

Monthly Bond Repayment R10,451.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R203.6

Income Generating Opportunity in Clermont!

Don’t miss out on this lucrative investment chance in the vibrant community of Clermont! This 12 rental property nestled in the heart of the residential hub, offers huge potential for long-term growth and returns. The property has two separate buildings one with 8 bedrooms and the other with 4 bedrooms,4 toilets,1 shower and a storeroom. The property is fully fenced with a locked gate for tenant safety.

All bedrooms are fully tenanted, ensuring a steady income stream. Land size 1053m2 with parking for 8 cars. The following amenities are not far from the property Filling Station, Bus station, Hospital, Shopping center and Schools. This property is perfect for an investor with a vision for long term assets.

Don’t miss out on this opportunity to generate significant rental income EXCLUSIVE VIEWING appointment and take the first step towards securing this lucrative investment call Sakhile Kubheka.

Features

12
5
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
5
Kitchens
1
Exterior
Security
Yes
Sizes
Land Size
1,053m²

Clermont, Pinetown

Pinetown is situated between Kloof and Westville, both an industrial and residential suburb which is at the foot of Field’s Hill and forms part of the annual Comrades Marathon. Easy access to the M13 and other major routes, Making it easy to reach Durban and other destinations in KwaZulu Natal.  Pinetown extends between Caversham Glen and Manors. Pinetown offers private schools...
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Disclaimer: While every effort will be made to ensure that the information contained within the Ingwe Property Group website is accurate and up to date, Ingwe 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

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

10,451.01

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