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R890,000

Monthly Rates
R850

Income Generating House !!

7 Bedroom house plus cottage close to the University of Johannesburg; hospitals and schools in the heart of Brixton very close to the City Centre.

The house offers 2 bedrooms inside with 5 rooms separate from the house which are currently rented out to tenants .
The cottage contains one full bedroom and bathroom which is situated at the back of the house.
The house also offers a neat kitchen and living area plus a big dining room.
The garage is converted into a shop and extra room which can be accessed from the street.
There is a carport with space for at least 3 big vehicles inside the property.
The property is very safe and secure with 6 feet boundary walls all around.

The house is very solidly built; north facing; with lots of garden space at the back.

This house is perfect for an extended family or can be rented out as student accommodation or it can be converted into a lodge.

Currently, the house generates more than R12000 per month which makes it an excellent investment.

A true value for money Property!!

Phone today for a viewing.

Features

7
2
2
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Flatlet
1
Sizes
Floor Size
300m²
Land Size
495m²
Extras
Accommodation • Bath • Air Conditioning Unit • North • Communal Braai Area • Alarm System • Cottage • Courtyard • Carport

Brixton, Johannesburg

The Johannesburg CBD encompasses a vast area, ranging from the affluent areas like Linksfield, to more affordable areas like Hillbrow and Bruma. After years of being seen as a no-go area by many, the city centre has bounced back to being in demand again. A massive urban regeneration project has seen money pumped into the area and occupancy is up and crime is down - a sure sign that it's working. The Maboneng...
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City of Johannesburg Land use scheme 2018: New requirements for land use and development
The new City of Johannesburg Land Use Scheme, 2018 was published by The City of Johannesburg Metropolitan Municipality (Council) on 2 January 2019 and comes into operation on 1 February 2019. The City of...
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

9,491.22

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