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R2,400,000

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Unique opportunity in the Buy to Let market segment (2 workshops & 8 flats on this property)

This property has two workshops of roughly 300m2 each (available to Let) plus eight 60m2 one bedroom flats (fully tenanted).
Every lettable space has prepaid electricity save one workshop which has metered electricity.

The one bedroom flats are built on two stories all tiled and presently fully let and managed by Seeff. The flats are let into the highest demand sector
Potensial income is available on request.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
840m²
Land Size
992m²

Cradock, Cradock

Permanent water diverted from the Orange River has given stability that many other rural areas lack in that the periodic devastating droughts are made less severe by the Lucerne and maize that is grown and that the farmers are able to produce winter grazing for their animals. The water has also enabled them to branch out into other farming enterprises such as dairy, ostrich and vegetable farming. Our prosperity...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff 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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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%

Monthly Payment

R 

34,087.07

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