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R4,140,000

Monthly Rates
R2,600 Excl. VAT

Prime Investment Opportunity: 5 Modern Units with potential for 10 More

This exceptional property offers a rare investment opportunity with 5 spacious and well-maintained 2-bedroom townhouses already built – each with high-quality finishes and thoughtful layouts. Every unit features 2 generous bedrooms with built-in cupboards, a full bathroom (with bath, shower, and basin), a separate toilet, and a private courtyard and garden. The open-plan kitchen, dining, and lounge area creates a modern and welcoming living space.

Each unit includes a lock-up garage with direct access into the home, a prepaid electricity meter, and its own water tank with pressure pump. The units are fully tiled with tiled roofs and are move-in ready, making them ideal for long-term rental income. Additional features include 5 carports for extra parking and a large steel structure that can be used for storage or additional development support.

What sets this property apart is the potential to build an additional 10 townhouses on the same stand – allowing for a total of 15 units. This makes it a perfect opportunity for developers or serious investors looking to expand their rental portfolio in a high-demand area. Don’t miss out on this scalable, income-generating property!

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
550m²
Land Size
9,720m²
 
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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

55,863.09

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