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R2,399,000

Monthly Bond Repayment R25,998.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R800

An investment option for sale in Lenasia South, Johannesburg.

An INVESTORS dream!

Situated in Lenasia South Ext 2.

This property consists of 3 separate houses with 3 bedrooms each apart from the main house!

The 1st cottage consists of 3 bedrooms, 1 bathroom, fully tiled, built-in cupboards throughout, fully fitted kitchen & open plan lounge and diner, very neat with PVC ceilings and currently generating a rental income of R 5 500.00, this property has its own entrance and overlooks the garden and pool.

The 2nd house is a flat that is on the ground floor, with a fully fitted kitchen, open plan lounge, and diner, 3 bedrooms, 2 with built-in cupboards and 1 bathroom, also tiled throughout, with PVC ceilings, and separate entrance. Estimated rental income is plus-minus R5 500.00

The 3rd house is another flatlet upstairs, fully tiled right through, a fitted kitchen, open plan lounge and diner, 3 bedrooms, and 2 had built-in cupboards with PVC ceilings and separate entrance. Estimated rental income is plus-minus R5 500.00

There is a room at the back which can be converted into a bachelor flat, it has 1 bathroom with shower, it is completely tiled and has PVC ceilings with separate entrance and can generate a rental income of plus-minus R2000.00.

The main house is beautifully tiled throughout, you enter into a spacious dining area, leading into a formal lounging area with sliding doors exiting to the pool which is great for entertaining, there is a separate TV room which is big enough for the whole family!

A guest bathroom is downstairs.

A huge kitchen with built-in cupboards all around.

Upstairs you will enter into the pajama lounge, or can be converted into office space if necessary.

There 4 bedrooms upstairs, all with built-in cupboards, 2 bedrooms have en-suites and the main bedroom also has a walk-in closet with mirrored built-in cupboards.

The property has a massive pool which is estimated to be 8 x 4 meters in size. Lovely neat and maintained garden area.

The double automated garage has a toilet, basin & shower, as well as a full kitchen and stove, it also has a tandem door opening up leading to the pool area which is perfect for entertaining.

Security alarm systems installed in all properties.

Aluminum windows throughout the house.

Electric fencing.

Pre-paid electricity.

Automated gate with intercom.

CCTV cameras

This property is situated in a pan handle so it has a driveway that could park atleast 7-10 cars.

This property is neat and well maintained. Perfect for an investor looking to generate income buy renting all the houses out which will help with the bond repayments and more!

Contact me to secure a viewing today!

Features

13
8
2
Interior
Bedrooms
13
Bathrooms
8
Kitchens
4
Exterior
Garages
2
Flatlet
1
Pool
Yes
Sizes
Land Size
1,002m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Lencar Exclusive Properties website is accurate and up to date, Lencar Exclusive Properties 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

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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

25,998.13

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