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GALLERY

R7,450,000

Monthly Bond Repayment R80,736.18
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R206

21 Hectares with amazing Income Opportunity

This all inclusive deal is awaiting the perfect investor, developer or business person looking for space in abundance or guaranteed monthly income.

Situated on 21 Hectares, the main house consists of five bedrooms, three and a half bathrooms as well as spacious living areas. There is also a massive Lapa with a fitted bar, braai area and sparkling pool. There is also an automated four car garage.

There are currently 14 flats on the land, 8 bachelor's and 6 two bedrooms which has the potential of a significant monthly income. The flats are 80% complete, with the new owners having to complete the ceilings, electrical and plumbing.

There is full electrical fencing around the property and it has two boreholes as well. The landscape has been well maintained and it is flat for further development or expansion.

Features

5
3.5
4
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
4
Flatlet
14
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
21Ha
 
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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
 

LOAN AVAILABLE
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Monthly Payment

R 

80,736.18

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