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R2,200,000

Monthly Bond Repayment R23,841.56
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Opportunities for 2024!

Situated at a prime location in Langenhovenpark this property offers a great opportunity for the open-minded individual.
Unlock the potential of this prime student accommodation investment in a thriving academic locale!
This subdivided property features three units, each presenting unique opportunities for investors.
The first unit, already tailored for student living, awaits renovation for immediate returns.
The connected second unit, while requiring maintenance, holds promise for increased value post-upgrades.
The incomplete third unit allows for expansion, tapping into the growing demand for student housing.
Situated in a central location near educational institutions, this property guarantees a consistent tenant pool. Investors can capitalise on this untapped gem, transforming it into a lucrative asset in the lucrative student accommodation market.

Don't miss the chance to be part of this exciting venture—act now and witness your investment flourish in a dynamic, ever-expanding sector!
Calling all investors to maximise potential and reap the rewards of this strategic property.

Features

4
4
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Sizes
Land Size
1,400m²

Langenhovenpark, Bloemfontein

Langenhovenpark is close to some of the best schools in Bloemfontein. This suburb is situated close to the N1 and main roads to the University and Nelson Mandela Drive. Property options consist of +- 75% sectional title properties and +- 25% houses. Townhouse Complexes and Apartment blocks are popular amongst the younger buyers/tenants. There are two "Koppies" in the suburb and properties built in their...
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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

23,841.56

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