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R1,580,000

Monthly Bond Repayment R17,122.57
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R750

Cozy Othello Retirement Village apartment for sale

Investment property, calling all investors, rental income R9 000 monthly. This two-bedroom apartment, located in the peaceful Othello Retirement Village in Burgundy, Brackenfell, is now available for sale, providing an excellent opportunity for a serene retirement lifestyle.

The 55 square, Othello Retirement Village apartment features an open-plan kitchen connected to the living and dining area, with a sliding door opening to a balcony. The kitchen has space for one appliance and offers lots of storage space in laminated cupboards. These living spaces are tiled, like the rest of the property, to make your home quick and easy to keep clean and tidy.

With two bedrooms and a bathroom, this Burgundy property has everything you need to enjoy retirement. The two bedrooms have built-in cupboards and the bathroom has a convenient walk-in shower.

About Othello Retirement Village

The main entrance to Othello Retirement Village is guarded by efficient security personnel to ensure a secure and welcoming environment for residents and visitors. Open, secure parking is available for both residents and visitors. The property is within a security estate, providing peace of mind.
Beautiful atriums offer space where residents hold functions and engage in various activities. Residents of this retirement village also enjoy access to various amenities such as a restaurant, clinic, ladies bar, library and a hairdresser.

Monthly levies are R2 249.82 for a single occupant and R2 580.82 for two people. The property is conveniently located near amenities, completing the package for a comfortable retirement experience in the heart of South Africa.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1.5
Exterior
Carports / Parkings
1
Security
No
Sizes
Floor Size
55m²

Sonkring, Brackenfell

Slice of sunny heaven in Sonkring Brackenfell Considering moving to Sonkring, Brackenfell? If you're looking for a suburb in the north of Cape Town where properties are showing consistent growth and a place where homes are relatively newly built, then Sonkring ticks all the boxes. This area of the Northern Suburbs of Cape Town is situated in Brackenfell South bordering Kuils River and in close range 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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

17,122.57

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