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R2,700,000

Monthly Bond Repayment R28,793.60
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Two adjoining apartments sold as one

Investors Dream - Work form home lockup and go.

What a unique opportunity to acquire two adjoining apartments, one is a 3-bedroom unit and the other a two-bedroom unit on the second floor with both having full frontal sea views.
There are 2 undercover parking and one lock up garage. The seller owns both units and wants to sell them as a ``twin package'' fully furnished.

The opportunities are endless. Combine the two units as one 5-bedroom, 3 bathroom and open the already lovely panoramic views into something special.

Or upgrade and rent out as two separate units at R10 500 and R12 500 respectively per month.

Or combine and upgrade and rent out as a corporate rental at R30 000 per month.

Or relocate to Gqeberha, convert the two units into residential and office and commute to the primary business as and when required.

A massive bonus is to be part of the soon to be developed Waterfront. Walk across the road to the magnificent Kings Beach and the Board Walk Casino just 1 km away.

This is indeed a great opportunity for both investor and private ownership.

Only serious offers will be submitted.

Features

5
2
1
Interior
Bedrooms
5
Bathrooms
2
Reception Rooms
4
Exterior
Garages
1
Carports / Parkings
2
Security
No
Sizes
Floor Size
196m²
 
  • 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

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

28,793.60

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