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R6,900,000

Monthly Rates
R898 Excl. VAT

1,000m² Building For Sale in Glen Austin

THIS IS A DEVELOPER OR AN INVESTOR’S DREAM PROPERTY!

Currently this property houses 22 students (the University is within 1 km from the property) that pay between R2500,00 and R3000,00 per month each, equalling to an income of approximately R61 000-00 per month. The property has prepaid electricity meters and is situated on 8565 square meters of land. A great investment opportunity with a fixed income source in place.

Alternatively for developer’s, the land could be cleared of existing buildings and re-developed for offices or for housing.

The choice is yours! An opportunity not to be missed, come see for yourself!

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,000m²
Land Size
8,565m²

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Disclaimer: While every effort will be made to ensure that the information contained within the RE/MAX Masters website is accurate and up to date, RE/MAX Masters 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

91,184.01

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