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R2,495,000

Monthly Bond Repayment R25,753.10
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Auction

CALLING ALL INVESTORS: 5 UNITS FOR SALE IN A SECTIONAL TITLE COMPLEX, SHELLY BEACH

Five units are available in a well-maintained sectional title complex, conveniently located near shopping centers and essential amenities in Shelly Beach. The units are currently leased, generating a steady monthly income for the owner. All five units must be sold together.

The exterior of the complex has recently been repainted, and all necessary repairs have been completed. While this complex boasts a solid structure, it is one of the older ones and could benefit from gradual upgrading over time.

The complex is fully fenced, with an automated security gate and also boasts the most beautiful sea views.

The first unit is a ground floor unit with:
Lounge, kitchen, 2 spacious bedrooms with built-in cupboards, bathroom with shower, toilet & basin. The unit is tiled throughout, has a security gate and burglar bars and comes with a carport.

The second unit, located on the first floor, is the largest unit:
Laundry, kitchen, pantry, dining room, lounge, 3 bedrooms with extra space for a 4th bedroom, bathroom with bath, shower and basin with a separate toilet. The unit has a mixture of wooden and tiled floors; it has security gates and comes with a garage as well as carport.

The third unit is a ground floor unit and the smallest unit:
Compact kitchen, with open plan bedroom / lounge area plus a bathroom with shower, toilet and basin. The unit is tiled throughout, has a security gate and burglar bars and comes with a carport.

The fourth unit is a ground floor unit with:
Open plan lounge / kitchen area, spacious bedroom with built-in cupboards plus a bathroom with shower, toilet and basin. The unit is tiled throughout except for the bedroom which is carpeted. The unit has a security gate and burglar bars and has space for parking.

The fifth unit is a ground floor unit with:
Open plan lounge / bedroom area, kitchen and bathroom with shower, toilet and basin. The unit is tiled throughout, has a security gate and burglar bars and space for parking.

This property offers it all: prime location, beautiful sea views and loads of opportunities.

If you’re interested in grabbing this chance, don’t hesitate to give us a call today for more information and to arrange a viewing!

Features

8
6
1
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
6
Kitchens
5
Reception Rooms
6
Exterior
Garages
1
Carports / Parkings
3
Security
Yes
Flatlet
4
 
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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

25,753.10

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