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R12,000,000

Mount Pleasant

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Monthly Rates
R25,000 Excl. VAT

The Perfect Investment Opportunity in Berea

LOCATION, LOCATION, LOCATION!!!

Conveniently located close to Louis Bortha in the most tranquil part of Berea moments away from the Fire Station. This recently renovated block is as good as new and in mint condition and fully tenanted.

This block comprises of:
8 x huge 2 bedrooms (over 180 sqm each)
12 x huge 1 bedrooms (over 100 sqm each)
15 x single rooms
20 x parking bays
Storage rooms and many more

Gross Annual Revenue R 1,809,330.00
A guaranteed 12.5% YIELD that can easily be increased by reconfiguring the huge apartments to create more units.

Features

20
0
Building Name:
Mount Pleasant
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
806m²
Land Size
805m²
Parking Bays
Basement Parking Bays
20

Berea, Johannesburg

Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer. In the 130+ years since...
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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 

170,435.35

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