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Perfect Investment With Good Return

This freestanding property is on the upper part of Voortekker Rd and has excellent LOCATION!

It consists of four individual shops with own kitchenettes and toilets. All shops have security gates and back doors to the back yard where there are 2 x 1 bedroom Wendy's houses.

These have their own entrance as well as own water and electricity meters. And electrical geysers. The four retail tenants have pre-paid electricity meters, and are all longstanding with contracts in place and are all up to date with lease payments. So are the residential tenants as well.

The complex has an annual turnover of more than R430,000 before operating expenses and is a very good condition. Annual return is excellent and there is space to add another 2 residential units. On top of everything the property is in a company and can be acquired with a huge saving in transfer costs. Nearby facilities are complementary shops like a well known butchery and chemist, Life Dalview Hospital, Carnival Mall and Carnival Casino Entertainment centre. Brakpan Plaza is a short drive away.
Don't delay this is an excellent investment opportunity!!!!!

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
600m²
Land Size
991Ha
Extras
Security Gate • Roof: Flat • Roof: Iron
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

38,276.94

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