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R5,500,000

Monthly Bond Repayment R59,603.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R7,700

Income Generating Apartment Block In Bellevue

Complex is located in Bellevue. Bellevue is an inner city neighbourhood of Johannesburg, Gauteng Province, South Africa. Close to the Johannesburg CBD with the neighbourhood surrounded by Yeoville and Observatory. It is located in Region F of the City of Johannesburg Metropolitan Municipality. It shares the same praise and notoriety as its surrounding neighbourhood Yeoville.

The buildings are old however have been very well maintained and looked after.

The building comprises of 15 apartments of which -

3 - 2 bedroom units
12 - 1 bedroom units
8 - Domestic quarters with bathrooms and laundry. (These are currently not let)

All units consist of lounge/dining, all bathrooms have a shower over the bathtub and full kitchens.

Secure basement parking with remote access for all residents.

Complex is currently fully let, which provides a rental income of R90 000.00 per month including utilities.

Building currently has no arrear rental amounts and rental roll available if requested.

Features

15
15
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
15
Kitchens
15
Reception Rooms
30
Exterior
Carports / Parkings
15
Security
Yes
Domestic Accommodation
8
Sizes
Land Size
993m²
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

59,603.89

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