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R1,810,000

Monthly Bond Repayment R18,991.53
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,900

Prime Investment Opportunity with Commercial Rights in Pretoria North

Location:
Situated in the heart of Pretoria North, just below Gerrit Maritz Street, this remarkable property on Jack Hindon Street boasts an incredible investment potential. With commercial rights in place, this offering is a rare gem in the bustling business district.

Property Overview:
This unique property comprises two spacious houses, offering a total of 14 rooms, along with a one-bedroom flat. Currently, it generates an impressive monthly rental income of R32,000, making it a lucrative venture for astute investors.

Income-Generating Potential:
The property's existing rental income is a testament to its earning potential. With its strategic location and diverse accommodation options, the potential for increased revenue is substantial. Whether you're a seasoned investor or a newcomer to the property market, this is an opportunity that demands attention.

Convenient Transport and Accessibility:
Located on major bus and taxi routes, commuting is a breeze for both residents and potential tenants. This accessibility ensures a steady flow of prospective renters, making it an ideal investment choice.

Proximity to Essential Amenities:
Boasting an enviable location, this property is in close proximity to schools and medical centers. This added convenience not only enhances the property's appeal but also ensures a steady demand for accommodation.

Business Name Registration:
The property is registered in a business name, which means minimal property registration costs. This unique feature streamlines the purchasing process, saving you valuable time and money.

Additional Financial Considerations:
With only potential bond costs to be considered, this investment opportunity is designed to maximize your return on investment without the burden of excessive fees.

Investor's Dream:
This property represents a dream opportunity for investors seeking a reliable source of income. With a strong rental history and ample room for growth, this is a chance to secure your financial future.

Don't Miss Out:
Opportunities like these are rare. Act swiftly to secure your stake in this promising investment venture. Contact us today to schedule a viewing and seize this golden opportunity before it's gone!

Features

14
4
Interior
Bedrooms
14
Bathrooms
4
Kitchens
3
Exterior
Carports / Parkings
10
Flatlet
1
Sizes
Floor Size
385m²
Land Size
1,276m²
 
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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

18,991.53

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