R1,000,000
Monthly Bond Repayment R10,492.56
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,620.1
Apartment / Flat For Sale in Buccleuch, Sandton
INVESTMENT PROPERTY WITH GOOD RETURNS!!!! TWO UNITS FOR THE PRICE OF ONE!
The property is targeted at investors looking for rental income. It is one unit in a complex. The unit is divided into 2 portions, like all the units in the complex. They have been built to look like 2 separate units but at the deeds office, it is 1 unit. Each owner gets 2 rental incomes from 2 separate tenants but pays only 1 levy to the Body Corporate and 1 rates and taxes to the municipality. Each portion of the unit has a kitchen with a gas stove for cheap cooking, granite countertops, with open plan lounge, a separate bedroom, and a bathroom (mes). So in total, the 1 unit comprises 2 kitchens, 2 open plan lounges, 2 bedrooms, and 2 bathrooms. Each portion of the unit has pre-paid electricity and water. The complex has a pool, clubhouse, braai facilities, 24hr security and is close to several amenities shopping centers and schools. Easy access to the Highway.
OTHER COSTS:
Maintenance levy : R454.00
Domestic Effluent : R704.47
Water Levy : R42.08
CSOS : R36.49
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