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R690,000

Monthly Bond Repayment R7,477.58
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Apartment / Flat For Sale in Cresta, Randburg

Offers From R690 000 Will Be Considered 


This investment unit is an exceptional opportunity! The open-plan layout of the lounge and dining area, coupled with the double-volume ceiling, not only creates a spacious and inviting atmosphere but also maximizes natural light, which is always a plus for any property. 


The kitchen with granite tops and a serving hatch adds both elegance and practicality to the space. Granite is not only aesthetically pleasing but also durable and easy to maintain, making it a desirable feature for tenants. The serving hatch enhances the flow between the kitchen and dining area, ideal for entertaining and socializing. 


The addition of an upstairs loft with laminated wooden floors and an en-suite bathroom adds versatility and functionality to the property. 


The 24-hour access control and communal swimming pool are excellent amenities that enhance the desirability of the complex. Security and recreational facilities are often top priorities for tenants, so having these features can attract and retain quality tenants. 


Furthermore, the property's proximity to Cresta shopping centre and arterial routes adds convenience and accessibility for tenants, making it an even more attractive investment opportunity. 


Overall, this investment unit is a well-rounded property with desirable features and amenities, coupled with a convenient location. With a tenant already in place, it offers a ready-made income stream, making it an enticing option for investors. 

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
55m²
Land Size
57,778m²
 
  • 1
 

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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

7,477.58

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