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R4,750,000

56 Ascot road

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Monthly Levy
R350 Excl. VAT
Monthly Rates
R3,000 Excl. VAT

Well Maintained Apartment Block in Lorentzville For Sale

Positioned along busy ascot road in Lorentzville, this apartment block produces an annual income of over R1 million at a yield of 21% at the purchase price of R4 750 000

Features: X 11 two bed units of 60m2, X 8 one bed units of 40m2, X 7 parking bays, tiled floors, burglar proofing security gates, palisade fencing, motor security gate, garden

Sadly, the tenants have stopped paying and this has become a problem

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,000m²
Land Size
447m²
Extras
24 Hour Access • Accommodation • Bath Toiletand Basin • Built in Wardrobes • Burglar Bars • Courtyard • Curtain Rails • Dishwasher Connection • Driveway • Dual Living • Fenced • Fibre • Freestanding • Garden • Internet Port • Metropolitan • Multi Storey • On Street Parking • Oven & Hob • Paveway • Perimeter Wall • Residential • Secondfloorandabove • Secure Parking • Security Gate • Shared Living • Suburban • TV Antenna • TV Port • Telephone Port • Totally Walled • Washing Machine Connection

Lorentzville, 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

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

67,463.99

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