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GALLERY

R2,300,000

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Monthly Rates
R7,672.9 Excl. VAT

INVESTMENT OPPORTUNITY - GLENWOOD

Maxprop is pleased to offer for sale an investment property that is currently being used for residential letting.

There are two specific buildings on the property; one is an older house with six rooms, shared bathrooms and kitchen. The second is a first storey residential development above a large parking area, consisting of seven bedrooms, three bathrooms and a kitchen/diner area..

The property is fully let at all times.

There is a shortage of reasonably priced residential units to let in Glenwood and this property meets the criteria for a safe, secure environment.

A caretaker lives on site to facilitate access and clean and maintain the common areas.

Please call Di Franks or Shaun Stobart for an appointment to view and for further information. Viewing is strictly by arrangement.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
432m²
Land Size
954m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop Property Group website is accurate and up to date, Maxprop 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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Monthly Payment

R 

32,008.86

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