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R6,499,000

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Monthly Rates
R8,825.3 Excl. VAT

Ideal investment, fully tenanted small residential building for sale in Bulwer

An excellent investment. 100% tenancy on short term leases.
3 floor building in good condition offers:
Ground floor - retail shops with ablutions - current tenant has been there for 20 years plus
Ground floor - 26 rooms of varied sizes and one bachelor flat accomodating 39 tenants
First and second Floors - 10 varied sized flats accommodating 27 people per floor
total building accommodates 93 tenants and there is a room for the caretaker.
rates = R8825,25
There are 20 parking within the grounds
Each flat has its own kitchen and bathroom
Ground floor rooms have several shared kitchens, toilets and showers
Building is well managed and fully tenanted making it an excellent investment.
Caretaker lives on the property.
Flats have separate meters.
Building comprises of 11 sectional title units owned by one owner
No levies.

Features

0
20
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,336m²
Land Size
1,187m²
Parking Bays
Open Parking Bays
20
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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

92,304.95

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