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R500,000

Monthly Bond Repayment R5,418.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R270

Investment opportunity for all.

There are two identical flats for sale with the below description.

Welcome to this charming bachelor flat, a pristine haven perfect for first-time investors or those looking to expand their property portfolio. Recently renovated, this gem is nestled on the first floor, providing both convenience and privacy.

The flat boasts cleverly integrated built-ins, optimizing the use of space and adding a touch of contemporary style. These built-ins not only contribute to the overall aesthetic but also provide practical storage solutions, ensuring a clutter-free living environment.

With a focus on versatility, this bachelor flat is an ideal investment opportunity. Its compact layout makes it easy to maintain and appeals to a wide range of tenants, including young professionals, students, or anyone seeking a cozy urban sanctuary. Its prime location on the first floor ensures convenience and easy access while offering a sense of security.

Whether you're a first-time investor dipping your toes into the real estate market or a seasoned investor aiming to expand your portfolio, this flat presents a compelling opportunity. The combination of a well-designed interior, modern amenities, and a strategic location make this flat a promising asset with the potential for both immediate rental returns and long-term appreciation.

In summary, this newly renovated bachelor flat on the first floor strikes a perfect balance between style and functionality. With its full bathroom, smart built-ins, and suitability for diverse tenant profiles, it's an enticing prospect for investors embarking on their property journey or looking to grow their real estate holdings.

Features

0
1
Interior
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
45m²

Empangeni Central, Empangeni

The friendly town of Empangeni can be found nestled in the hilly countryside of the Mpangeni Valley. Located about 160km from Durban, Empangeni overlooks the harbour town of Richards Bay, which is a convenient 15km away. Falling under the Uthungulu District Municipality, Empangeni is wrapped in the wide open, evergreen planes of Zululand – with sugarcane plantations dotting its landscape.  Its weather...
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Industry and Employment Draws Buyers to Empangeni
Employment plays an important role in owning real estate, it seems apparent yet it is often overlooked as being one of the key driving factors in the property market. The growth in demand for homes in certain areas can be pin...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,418.54

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