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R4,495,000

Monthly Bond Repayment R47,936.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Prime Apartment Complex for Sale in Central Tongaat

An Investment opportunity second to none with extensive potential for the Perceptive investor. The Property nestled in high demand business area is zoned for commercial/special residential.

Triple story face brick building with tiled roof comprising of 2 flats per floor i.e. 6 X 58m2 units in total, situated on 873m2 of land (all 2-bedroom units with 1 single bedroom unit on the third floor only) - access available to all units from the front and rear
- There are 5 lock-up garages in the basement with one of them being a double garage - all garages being longer than a standard garage i.e. 20m2
- The double garage is fitted with a kitchen sink and has a storeroom attached to it
- There is a communal toilet facility for domestic workers in the basement too
- Water and electricity for each unit is metered separately (general electricity and water is also separate)
- Communal DSTV available for all units (tenant to connect own decoder), wiring is done for TOP TV
- Aluminum windows throughout and roll-up doors on all garages

Flat 1 - Ground Floor:
- Two-bedroom unit (one with carpets and the other with ceramic tiles)
- General bathroom with shower, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with a hob
- Fitted cupboards in main bedroom
- Burglar guards on windows and gates on doors
- Air-conditioning in main bedroom and lounge

Flat 2 - Ground Floor:
- Two-bedroom unit (both with ceramic tiles)
- General bathroom with shower, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with extractor for stove only
- Burglar guards on windows and gates on doors
- Prepaid electricity meter

Flat 3 - First Floor:
- Two-bedroom unit (one with carpet and the other with ceramic tiles)
- General bathroom with shower, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with a hob and extractor
- Burglar guards on windows and gates on doors
- Air-conditioning in both bedrooms
- Prepaid electricity meterFlat 4 - First Floor:
- Two-bedroom unit (both with carpets)
- General bathroom with shower, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with a hob
- Fitted cupboards in main bedroom
- Burglar guards on windows and gates on doors
- Air-conditioning in main bedroom and lounge

Flat 5 - Second Floor:
- One-bedroom unit with en-suite (fully tiled with shower)
- General bathroom with bath tub, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with extractor for stove only
- Fitted cupboards in main bedroom
- Access to this floor secure on both sides
- Air-conditioning in main bedroom and lounge

Flat 6 - Second Floor:
- Two-bedroom unit (one with carpets and the other with ceramic tiles)
- General bathroom with bath tub, toilet and wash basin (fully tiled)
- Open plan lounge/dining/kitchen
- Kitchen has fitted cupboards with extractor for stove only
- Access to this floor secure on both sides
- Prepaid electricity meter

A Rare investment opportunity not to be missed!

Features

0
6
6
Interior
Bathrooms
6
Reception Rooms
12
Exterior
Garages
6
Security
No
Sizes
Land Size
873m²
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

47,936.01

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