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Development opportunity

This property comes with approved plans, allowing you to commence your project without delay. Don’t miss out on this exceptional chance to convert the existing building into six 2-bedroom flats. It's a remarkable opportunity to enter the thriving Paarl property market. You could potentially earn up to R600,000 in gross rental income annually from this block of flats.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
500m²

Klein Drakenstein, Paarl

History  Paarl, one of the oldest towns in South Africa founded in 1687 is an admired farming village at heart. Paarl, in Dutch means pearl, originating from the glistening outcrops of granite rocks that shimmer like pearls after the rain.  Paarl's majestic granite rock is the 2nd largest granite outcrop in the world.  In honour of Paarl's legendry red wines, it is also known as the 'Red Route'. Location 55 kms...
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

32,008.86

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