1 bedroom apartment for sale in Die Bult

Perfect Investment Property! Situated @ 47 Malherbe Street, Potchefstroom, this apartment is approximately 600m from the Esselen Street entrance of the North West University.

The 40sqm apartment is ample in size and has a neat and modern open-plan layout. Very popular rental property as the apartment block is situated in close proximity to all important amenities and services. OK Grocer is situated just across the street, with fuel stations, restaurants, SPAR, a chemist and much more within a radius of 500m of the apartment block.

Unit includes:

Open Plan Kitchen, Study and Living area

Private Bedroom with Full ensuite Bathroom

Balcony from bedroom

Security Gate

Covered Parking

Fibre already installed

Communal Braai area

Electric Fence

Electric Gate

Mooirivier Armed Reaction

Income:

R4100.00 per month

Expenses:

Levy: R896 per month

Municipal Account: R316.08 per month

***Please Note: Budget Speech included an amendment to the transfer duty calculation applicable to property transactions, increasing the threshold under which no transfer duty is payable up to R1.1 million. This means that if you buy a property that costs R1.1 million or less, you will not have to pay any transfer duty.

Transfer duty is only payable on properties worth more than R1 100 000. If the property is less than that, you will still need to pay the conveyancing attorney for the transfer of property, but there will be no transfer duty tax applicable.

Conveyancing Fees are estimated at an amount of approximately R16 000. If you require a bond to pay for the property, the bank will appoint a bond attorney and the estimated cost is approximately R21 000.

Contact me to find out more.