R429,000
R429,000
1
Bedrooms
1
Bathrooms
1
Parkings
Monthly Rates
R351
Total
R351
One Bedroom for sale in Mannikin close GROUND FLOOR.
Web Ref.
RLS946854
Why are you paying Rent when you can own this unit for R4649.10 over 20 Years @11.75 percent.
One Bedroom, one bathroom and open plan lounge also a Ground floor unit In Parklands Estate.
Owning a home instead of renting can be a great financial decision for many people. There are several reasons why this is the case:
Equity: When you buy a home, you are essentially building equity in your property. This means that you are gradually paying down the principal amount of your mortgage, and the value of your home is increasing. As your equity grows, you will have more financial flexibility. You may be able to borrow against your equity to finance other expenses, such as home renovations or education.
Tax benefits: Homeowners are eligible for a number of tax benefits, such as the mortgage interest deduction and the property tax deduction. These deductions can save you a significant amount of money on your taxes each year.
Stability: Owning a home can provide you with a sense of stability and security. You will not have to worry about your landlord raising your rent or evicting you. And, as your equity grows, you will be less likely to be forced to sell your home if you encounter financial difficulties.
Long-term appreciation: Over the long term, home values tend to appreciate. This means that if you buy a home and hold onto it for a number of years, you are likely to see its value increase. This can be a significant source of wealth creation.
Of course, there are also some potential drawbacks to owning a home. For example, you will be responsible for all of the maintenance and upkeep of your property. And, if the value of your home declines, you could lose money if you sell it.
However, for many people, the benefits of owning a home outweigh the risks. If you are considering buying a home, it is important to do your research and make sure that you are financially prepared for the commitment. You should also consider your lifestyle and needs to make sure that homeownership is right for you
One Bedroom, one bathroom and open plan lounge also a Ground floor unit In Parklands Estate.
Owning a home instead of renting can be a great financial decision for many people. There are several reasons why this is the case:
Equity: When you buy a home, you are essentially building equity in your property. This means that you are gradually paying down the principal amount of your mortgage, and the value of your home is increasing. As your equity grows, you will have more financial flexibility. You may be able to borrow against your equity to finance other expenses, such as home renovations or education.
Tax benefits: Homeowners are eligible for a number of tax benefits, such as the mortgage interest deduction and the property tax deduction. These deductions can save you a significant amount of money on your taxes each year.
Stability: Owning a home can provide you with a sense of stability and security. You will not have to worry about your landlord raising your rent or evicting you. And, as your equity grows, you will be less likely to be forced to sell your home if you encounter financial difficulties.
Long-term appreciation: Over the long term, home values tend to appreciate. This means that if you buy a home and hold onto it for a number of years, you are likely to see its value increase. This can be a significant source of wealth creation.
Of course, there are also some potential drawbacks to owning a home. For example, you will be responsible for all of the maintenance and upkeep of your property. And, if the value of your home declines, you could lose money if you sell it.
However, for many people, the benefits of owning a home outweigh the risks. If you are considering buying a home, it is important to do your research and make sure that you are financially prepared for the commitment. You should also consider your lifestyle and needs to make sure that homeownership is right for you
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Parkrand, Boksburg
Parkrand is situated roughly in the middle of Boksburg on the East Rand. While being centrally located, this suburb also enjoys relatively low levels of pedestrian and vehicle traffic because it is relatively secluded, not having too many schools, hospitals and shopping complexes on its doorstep. Parkrand does, however, have 1 shopping complex within eight next door which provides residents easy access to shopping without having to leave the safety and tranquillity of the area.Parkrand is made up of mostly large, spacious family homes on large properties but also offers apartments and flats. The free standing homes offer comfort and space, ideal for large or extended families while the flats and apartments cater to smaller...
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