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R2,950,000

Monthly Bond Repayment R30,449.56
Calculated over 20 years at 11% with no deposit. Change Assumptions

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18 Bedroom House For Sale in Proclamation Hill

RENTAL PROPERTY ON SALE

An investment opportunity awaits you with this 18 Bachelor Rooms that comes with Electric Meter in each room, shower and toilet. Perfectly located in an area that is accessible to public transportation, Quagga Mall, Medi Cross, KFC and McDonald on W.F. Nkomo Street (Church Street).

The Rooms are currently having tenants, which is a guaranteed return on investment when you take ownership of the premises. Another possibility, is converting the rooms into student accommodation (NSFAS) as the premises is within the area of Tshwane University of Technology. It’s also less than 10 Km into the CBD.

This Premises has a lot of potential and gives one a world of possibilities and an income for life.

Features

18
18
2
Interior
Bedrooms
18
Bathrooms
18
Exterior
Garages
2
Security
Yes
Sizes
Land Size
972m²

Proclamation Hill, Pretoria

Province: Gauteng Municipality: City of Tshwane Coordinates:   25.731340,  28.218370 Population (census 2011): 741 651 Main attractions and recreation The Union Buildings  Melrose House The Pretoria Art Museum Voortrekker Monument Nan Hua Buddhist Temple Komjekejeke Heritage Site National Zoological Gardens of South Africa Cullinan Diamond Mine National Botanical...
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In the news

Pretoria to sprawl even further east
Pretoria is to get a new "nodal development" located in the east of the city with a projected budget of R44 billion. Developers are hard at work to meet the 2020 deadline for Hazeldean, the latest multibillion rand...
 
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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

30,449.56

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