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R8,600,000

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Monthly Rates
R4,026 Excl. VAT

2,068m² Office For Sale in New Park

Commercial Property with Great Potential/Investment

This property is situated near the Sol Plaatje Municipality and is ideal for student accommodation

***BONUS = Current income p/m = R80 000 (Convert it into Student housing and potential income can be R138 000p/m)
There is a high demand for both student accommodation and office space. This presents an excellent investment opportunity with the potential for steady rental income

2 Properties for the price of one

Building 1 (Zoning: Commercial)
• Office space - . three offices, a kitchen, and a bathroom.
• 10 x Bachelors flats with kitchenette and bathroom
• 7 x Open parkings and 7 carports

Building 2 (Zoning: Residential)
• 14 x Bachelors flats with kitchenette and bathroom
• 20 x Parkings
• (Prepaid electricity for each room)

2 x Electric gates
Phone us to view this Property

Features

8
15
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
2,068m²
Land Size
2,068m²
Parking Bays
Covered Parking Bays
8
Open Parking Bays
15
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

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

R 

120,912.08

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