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R8,075,000

Monthly Bond Repayment R77,925.50
Calculated over 20 years at 10% with no deposit. Change Assumptions

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Monthly Rates
R877

PRIME INVESTMENT OPPORTUNITY IN STRAND JUST OFF BEACH ROAD.

An absolute MUST SEE for the serious Property Investors or Developers. Prime location. Three erven consisting of multiple dwellings which can continue as Income Earning Rentals OR the option to develop and build a multi-storey block of flats or apartments. One block from Beach Road. Sea & Mountain Views. Potential Annual Income Return could be as much as 11% or 12% as is... With even more income earning potential for any Investor interested in expanding the existing layout which currently consists of:

THREE erven in total (2100m2) consisting of 6 LARGE Dwellings/Units. Total asking price R10,000,000.00 Excluding VAT @ 15% for everything. OR ALTERNATIVELY R8,075,000 (Ex VAT) for just the BACK TWO erven (1773m2) consisting of 5 Dwellings. For more information and a detailed breakdown of erf sizes, prices, layout and income earning potential, please contact our Team today! PRIME LOCATION. PRIME INVESTMENTS. Proudly brought to you by Meridian Realty Team Helderberg!

Features

10
10
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
10
Kitchens
5
Reception Rooms
10
Studies
3
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Flatlet
2
Domestic Accommodation
1
Views
Yes
Sizes
Floor Size
900m²
Land Size
1,700m²

In the news

Overstrand Whale Season
Being on the Whale Coast gives inhabitants and visitors to Betty’s Bay and neighbouring towns the wonderful opportunity to see and enjoy these giants from the Antartic after which our coast has been named. The following...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty 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

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

77,925.50

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