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R1,150,000

Monthly Bond Repayment R12,462.63
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,500
Monthly Rates
R1,500

3 BEDROOM HOUSE WITH 16 ROOMS FOR STUDENT ACCOMMODATION

This property is located in central Vereeniging and host 16 rooms; ideally for student accommodation and single residence. The property is neat and has 2 Bathroom and 3 toilets for the use of residence. All rooms are constantly occupied and monthly rental are approximately R 1 600.00.

Its close to amenities such as schools, the Medi-Clinic and transport and the town can easily be access by foot as the property is closely located in a radius of 1,5 kilometer to central town. All the structured are on plan and approved by all authorities. The stand is been re-zoned to be used as student accommodation.

On the property a main house is build which consist out of three bedrooms, one bathroom, a TV/lounge dining room area with a huge kitchen with build-in cupboards. The house is neat and the potential buyer can just move in and staff. The kitchen is fitted stove for the main house use and the stand is totally walled. A shade net carport is available for the residents vehicles.

This is a good business opportunity if you are a entrepreneur.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
6
Sizes
Land Size
1,200m²
 
  • 1
 

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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

12,462.63

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