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R1,150,000

Monthly Bond Repayment R12,462.63
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R350

AN INVESTMENT OPPORTUNITY KNOCKING AT YOUR DOOR!

This is a property with great potential for investment due to its location and features. Being close to the central business district (CBD) is a definite advantage, as properties in such locations often hold or appreciate their value well. The spacious yard with carport parking is currently being used as a car wash while the 3 bedrooms, 2 bathrooms, 1 garage, kitchen and lounge building is used as an office space which is a positive attribute that can attract different types of tenants or customers.

The fact that the yard is currently being used as a car wash and the building as an office space indicates versatility in potential use. The property's proximity to the CBD suggests that it could also be transformed into a student accommodation, which is in demand in many urban areas. Proximity to educational institutions and other amenities often makes student accommodations a lucrative investment.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
3
Sizes
Land Size
748m²

Ivydale, Polokwane

Polokwane is the capital city of the Limpopo province. It was one of the host cities of the 2010 FIFA World Cup. Polokwane boasts excellent accommodation, fine weather, and a busy, friendly population, making it the ideal business or getaway destination in the geographic and economic heart of the Limpopo Province. Polokwane - meaning "Place of Safety" in Northern Sotho, also known by its former...
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R

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

12,462.63

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