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R1,495,000

Monthly Rates
R1,200 Excl. VAT

Calling All Investors. Four Apartments situated in a Primely Located Building.

An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature.

Details of the Each Apartments:
- Under Roof: +- 110sqm
- 1 x 3 Bed, 1 Bath Apartment
- 3 x 2 Bed, 1 Bath Apartments
- Sizeable Living Spaces Throughout
- Kitchen including the Stove
- Entrances from the Front of the Property.
- One Designated Garage per Apartment with additional parking space. Garage is charged at R200 a month.
- Excellent condition throughout.
- Utilities are metered and charged according to each tenants usage.
- Current Generating a Gross Income of +-R 20,000 a month (Varies according to Usage & Recoveries)

All relevant figures are on hand and can be provided at request of a potential purchaser. Please note the property is zoned Res 4 and therefore will classify as a commercial loan which will require a 40% deposit based on the individual or businesses profile. We are happy to assist regarding any additional information on that front as well. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.

Features

4
2
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
440m²
Land Size
574m²
Parking Bays
Covered Parking Bays
4
Open Parking Bays
2
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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.

R
R

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

21,019.02

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