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GALLERY

R9,500,000

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Major Investment opportunity

Harcourts Mercantile is proud to present this NEW listing to the market.
With a great gross income of +- R232 000.00 WHICH COULD BE DOUBLED if you go the student route.
The massive property of 2018sqm has two levels comprising of the following.
78 double and single rooms mixed
1 x 2 bedroom full flat, open plan kitchen, lounge and bathroom
1 x Spaza shop with own pre paid electricity
18 x showers
17 x toilets
10 x onsite parkings

Contact me today for this great opportunity and i will gladly take you through the property.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,018m²
Extras
Roof: Tile

Southernwood, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

LOAN AVAILABLE
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%

Monthly Payment

R 

132,210.50

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