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GALLERY

R2,999,999

40 Portland Avenue

Monthly Bond Repayment R31,477.67
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,100

Student Accommodation - Hurst Hill

This 15 room student accommodation is centrally located close to UJ.
The property will be sold as a going concern.
The zoning of residential 3 allows for the use of the property as student accommodation.
This building comprises of 15 rooms, 2 kitchens and 5 bathrooms.

The accommodation is let out on room by room basis.
11 rooms are currently let by NESVAS and 4 rooms are paid directly by the students.

The monthly rental income is estimated at R61 000 currently.

Features

15
5
Interior
Bedrooms
15
Bathrooms
5
Kitchens
2
Sizes
Floor Size
275m²
Land Size
660m²
 
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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 

31,477.67

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