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R2,500,000

Monthly Bond Repayment R26,231.40
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R760

STUDENT INVESTMENT OPPORTUNITY

To the entrepreneur or Investor here is your opportunity to look closer at what this property offers you. Focus on student accommodation as a typical example. Parow is fast becoming a busy hub for students. All the education facilities are within close range including a shuttle service provided by the local University. This property offers 5xbedrooms and with 2 students per room you can easily earn an income of R45,000 pm at the current NSFAS rates. This Property also include a huge storeroom with bathroom facility with the potential to add more students. The property is positioned to fulfil most students needs like shops, library, malls and public transport. It also come with a connected fiber line and all security is in place. Call me now and come see for yourself what other surprises are in store for you.

Features

5
2
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
275m²
Land Size
496m²

Glenlilly, Parow

History During a great storm in Table Bay in 1865, 19 ships were stranded. Amongst the many schooners was the Kehrwieder, the ship of Captain Johann Heinrich Ferdinand Parow. After being stranded, Captain Parow settled down in the Cape of Good Hope and married Johanna Wilhelmina Timmerman, the daughter of the family that helped Captain Parow after being stranded on the Cape coast. Parow quickly realised the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts Dunn website is accurate and up to date, Harcourts Dunn 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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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

26,231.40

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