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ALERTS
GALLERY

R4,400,000

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Monthly Rates
R1,838 Excl. VAT

Calling All Investors!

20 Bedroom commune which is currently fully tenanted with 6 shared bathrooms. Communal lounge and open plan kitchen with gas hob and oven. Plenty of parking for all tenants. Separate laundry with washing machine and tumble dryer. All bedrooms equipped with beds and built-in cupboards. Beautiful manicured garden. Good security with alarms and electric gate with keypad.
Tenants pay R4 300 pm water and electricity included.
Zoning in place for guest house.
Good investment produced monthly income of more than R85 000 pm.
Walking distance to Menlyn Maine & Menlyn Mall.

Set in the eastern suburbs of Pretoria, Newlands lies just on the other side of the N1 from Waterkloof Ridge, neighbour to Garsfontein, Faerie Glen and Constantia Park. It is a pretty little suburb with wide, leafy streets, close to large shopping malls like Menlyn Park Shopping Centre. This older, more established part of Pretoria is very accessible.

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
380m²
Land Size
1,718m²
Extras
Alarm System • Security Gate • Roof: Tile • Security: Intercom
 
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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 

61,862.00

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