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R7,500,000

Monthly Bond Repayment R77,414.13
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Auction

34 BEDROOM - APARTMENT COMPLEX - INVESTMENT PROPERTY

Entire complex for sale, consisting of 5X 3 bedroom duplex apartments, 2X 3 bedroom apartments, A house that has been divide into 3 apartments (total 10 bedrooms) an office which could double as a bachelors or managers accommodation, 3X classrooms which could be renovated into flats, plus another apartment with 2 bedrooms, plus other single rooms with bathrooms. Currently used as student accommodation, this complex has endless possibilities such as holiday accommodation, permanent rentals or wellness centre. It is situated a short walk to the main St. Michaels beach and close to the business hub of Shelly Beach. This is an excellent investment due to its location, please call us ANYTIME to discuss further!

Features

34
15
Interior
Bedrooms
34
Bathrooms
15
Kitchens
11
Reception Rooms
16
Studies
1
Exterior
Carports / Parkings
15
Security
Yes
Flatlet
11
Domestic Accommodation
1
Sizes
Land Size
3,944m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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Monthly Payment

R 

77,414.13

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