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GALLERY

R5,375,000

10 Hibiscus Ave

Monthly Bond Repayment R58,249.25
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,800

Investment Property with a Breath taking Seaview.

Property is still one of the best investments and this is an excellent opportunity to earn a very attractive rental income from the 11 units this property has to offer.
What this property has to offer:
~ 11 Income generated units… 7 x 2 Bedrooms and 4 x 1 Bedrooms (currently all have tenants)
~ 2 Store rooms
~ Staff room
~ Braai area,
~ 6 lock up garages
~ 2 carports
~ 2 x 10 000 litre water tanks that are connected to each unit,
~ Prepaid electricity and individual water meters… PLUS a Seaview like no other!
If you are not ready to retire… the opportunity to invest in this property is your answer and it is located close to all amenities in, shops, restaurants, hospitals, and walking distance to Margate main beach.

Features

18
11
6
Interior
Bedrooms
18
Bathrooms
11
Kitchens
11
Reception Rooms
22
Exterior
Garages
6
Carports / Parkings
2
Security
Yes
Domestic Accommodation
1
Sizes
Land Size
2,023m²
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

LOAN AVAILABLE
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Monthly Payment

R 

58,249.25

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