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R2,180,000

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Tenanted Guest House - Good Income

This guest house is situated in a good area with 11 bedrooms all with en suite and 1 apartment with seating area and kitchenette. Upstairs living and games area. Downstairs a large dining room with kitchen and laundry.

Secure parking, with automated gates and electric fence on the perimeter wall. Current monthly income R21 000.00 tenants this excludes companies which generate approximately R10 000.00 per month.

Hoeveld Park, Witbank

Witbank translated in English, means 'white ridge' and was named after the white sandstone outcrop where wagon riders used to rest. Giving homage to its coal-mining heritage, Witbank was renamed eMalaheni meaning 'place of coal' in 2006. Previously the transport gateway to the Mozambique Port, Witbank is located along the railway line linking Pretoria to Maputo, the capital of Mozambique.  LOCATION: Established...
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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
 

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Monthly Payment

R 

30,649.81

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