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R650,000

Monthly Bond Repayment R6,820.16
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,593
Monthly Rates
R424

Rental Income Opportunity - 3 Bedroom Apartment in New Germany

Rental Income Opportunity Alert : 3 Bedroom Apartment in New Germany for only R650,000
Invest in your health and rental income with this incredible 3 bedroom, 1 bathroom apartment in the sought-after suburb of New
Germany.
Located at Park Mansions, The Wolds, this apartment offers unparalleled value at an unbeatable price, making it ideal for first-time
buyers or savvy investors looking to expand their property portfolios.
With 3 spacious bedrooms, you'll have ample room for the family or have the ability to rent out individual rooms for additional
income. The bathroom is conveniently located close to the bedrooms, making it ideal for busy families or rental tenants.
This apartment also comes with a private parking space, ensuring that your vehicle is safe and secure.
Located in the heart of New Germany, this apartment is conveniently situated close to local amenities, including shopping centres,
schools, and medical facilities, making it perfect for families, professionals, or students.
So why wait? Invest in your rental income with this incredible apartment in New Germany.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Sizes
Floor Size
89m²

The Wolds, Pinetown

Pinetown is a vibrant and bustling suburb that offers residents a perfect blend of urban conveniences and natural beauty. Located just a short drive from Durban's city centre, Pinetown is known for its well-established infrastructure, cultural diversity, and recreational opportunities. With its convenient amenities, vibrant commercial centres, and a warm community spirit, Pinetown has become a sought-after...
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop Property Group website is accurate and up to date, Maxprop Property Group 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

6,820.16

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