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R595,000

Monthly Bond Repayment R6,243.07
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,760
Monthly Rates
R380
Special Levy
R380

Classic Rental Investment in Fairfield Estate

Sole and Exclusive Mandate | Offers from R595 000

Capitalize on this exceptional investment opportunity! This charming apartment, located on a heavily trafficked road, boasts a classic aesthetic that appeals to tenants seeking character and warmth. With two major hospitals just a stone’s throw away, this prime location creates a robust market for rentals, particularly among medical professionals and hospital staff looking for convenient living arrangements.

The apartment features elegant architectural details, such as high ceilings, original tiled floors, giving it a timeless appeal that modern units often lack. Spacious rooms provide ample living space, while large windows flood the interior with natural light, enhancing the inviting atmosphere.

Beyond its classic charm, this property offers easy access to public transportation and a variety of local shops, cafes, and amenities, making it an ideal choice for those who value convenience and community. The enduring appeal of this apartment, combined with its proximity to major healthcare facilities, positions it as a high-demand rental option in a thriving area.

Invest now in a property that promises steady cash flow, strong tenant interest, and the potential for significant value appreciation over time. Don’t miss your chance to own a piece of real estate that blends classic elegance with a lucrative investment opportunity!

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Sizes
Floor Size
68m²

In the news

Turning tides for the Northern Suburbs property market
The Quay 1 International Realty team has taken note of the shifting tides in terms of people purchasing property to allow for scenic living and space as opposed to work proximity. Owing to the impact of Covid-19, which has...
 
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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

6,243.07

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