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R1,099,000

Monthly Bond Repayment R11,720.06
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,550
Monthly Rates
R270

2 Bedroom Flat Sold in Bracken Heights

Investing in this meticulously maintained two-bedroom apartment offers a unique opportunity to acquire a property with a reliable, long-term tenant who has a flawless rental history.

Situated on the first floor of a beautiful, well-maintained complex, this apartment ensures consistent rental income and peace of mind for the discerning investor. The tenant has a proven track record of on-time payments and exceptional care for the unit, making it an ideal investment with immediate returns and minimal management concerns.

Upon entering the apartment, one is greeted by a spacious open-plan lounge and kitchen area.

The lounge boasts elegant, laminated flooring, providing a warm and inviting atmosphere that extends to a private balcony.

The balcony, perfect for outdoor relaxation, features durable tiles and a built-in braai, offering ample space for a seating table.

The kitchen complements the lounge with modern tiled flooring, built-in cupboards, a built-in oven, hob, extractor fan, and a connection point for a dishwasher, ensuring functionality and style for any resident.

Both bedrooms in the apartment are designed for comfort and convenience, featuring laminated flooring and built-in cupboards, providing ample storage space.

The bathroom is fully equipped with a bath, shower, basin, and toilet, all set against tasteful tiling that enhances the overall aesthetic of the home.

This blend of thoughtful design and practical amenities ensures a comfortable living experience for the tenants, further contributing to the property's appeal and rental stability.

The complex itself offers excellent security features, including a perimeter wall with electrical fencing, access control with an electric motor gate, and a controlled pedestrian gate, ensuring a safe environment for all residents.

Additionally, the property includes one secure undercover parking space, adding to the convenience and security for the tenant.

With a current rental income of R8,250 per month, this investment promises steady returns and a worry-free addition to any property portfolio.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
71m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty 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

11,720.06

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