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R4,500,000

Monthly Bond Repayment R47,216.52
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R1,805

Investors Dream In Central Pinetown

This fabulous opportunity is simply awaiting an avid investor that would like to take over a property that has fourteen tenants yielding a monthly income of R 60000.00. The property is situated on 2987 sqm of level land directly behind Pinecrest Centre.

This allows for foot traffic and clients to easily access your business. The rental units are on a month to month and you can move your entire business to this location if need be. The property is completely fenced and gated and you have parking for over twenty vehicles if need be.

The main property has four rooms with two baths and its own kitchenette. This is completely fenced and gated and was running a bridal shop as well. Each unit has its own private entrance and does not interfere with the rest of the facility.

The property is also located in close proximity to the taxi route which allows for easy transport of clients and staff. This unit can easily be converted into an air B & B or business or your desire due to the location.

The property is completely tiled and neat which allows the owner minimal renovations to spend on. Most tenants can stay on and new lease agreements can be signed.

The property is located between other businesses within the area and it can easily be converted to your needs.

All this property screams is LOCATION, LOCATION, LOCATION !!!

Call Tracy Maharaj now to put in your best offer.

Features

10
6
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
6
Reception Rooms
9
Studies
1
Exterior
Garages
2
Carports / Parkings
17
Security
Yes
Flatlet
14
Domestic Accommodation
1
Pool
Yes
Views
Yes
Sizes
Land Size
2,996m²

In the news

Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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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

47,216.52

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