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R225,000

51-54/61/6 SS ELATO, 117 Jan Neethling Rd

Monthly Bond Repayment R2,438.34
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Sectional Title Levy
R1,800

6 GARAGES SELLING IN SECURE COMPLEX

This sale is inclusive of 6 garages situated in a secure, sectional title in Riversdale. This opportunity comprises 6 single garages, each spanning a spacious 18 square meters. Among these, 4 are currently tenanted, yielding a steady monthly income of approximately R 2,200. The remaining 2 garages present an excellent opportunity for additional revenue streams, awaiting potential tenants or alternative uses. The strategic location of the complex ensures proximity to local amenities, enhancing the appeal for residents seeking secure parking or supplementary storage space.

These vacant garages provide an ideal investment opportunity, catering to the needs of the complex's residents. With an eye on security-conscious vehicle owners, the garages offer a reliable solution for safeguarding vehicles from the elements and potential risks. Moreover, long-term residents can capitalize on the extra storage space, addressing their evolving needs. In essence, this property investment not only ensures a consistent monthly income but also opens avenues for further development or customization based on the dynamic demands of the residents. seize this opportunity to capitalize on the growing demand for secure parking and storage within this thriving residential complex!

Features

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0
6
Exterior
Garages
6
Sizes
Floor Size
18m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

2,438.34

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