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R12,500,000

Monthly Bond Repayment R135,463.38
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R10,000

42 Bedroom Apartment Block For Sale in Pietermaritzburg Central

Prime Investor choice in City Centre

Pietermaritzburg is a growing developing city with many seeking accommodation and business opportunities especially in the city centre. A rare opportunity seldom appears for those within the price bracket to grab on a deal to purchase.

This opportunity sits in lower end of Church Street in the business district that's allows mix use of both residential and commercial use. The property comprises of twenty-five residential unit each with Kitchen, lounge and ablution facilities. The units are made up with bachelor pad, two bedroom and three-bedroom units. Ground floor has commercial use to attract the high foot traffic that pass by daily.

The property details will be treated discretely and will be shared to pre-approved qualified buyers who are bank guaranteed. The property is fully occupied and has great opportunity to upgrade and modernise the units internally. This should ensure longevity of existing tenancy and enhance the value of the property.

Existing Tenancy have Leases to safeguard a rental and potential future income for a set period. Any potential purchaser within the price bracket should call to arrange a private meeting to discuss further. Please no chances for property details......Make the call if you are in the bracket to purchase.

Features

42
25
Interior
Bedrooms
42
Bathrooms
25
Kitchens
25
Reception Rooms
25
 
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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 Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

135,463.38

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