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Investment Opportunity to own this whole building in Florida close to Florida Lake.

The building comprising 4 sectional title units of 81 m2 each and 4 garages with external ablutions on 1500m2. Two units are ground floor units and two are on the first floor. There is extensive space for expansion as the current top structures are well placed to one side on the property. The 4 garages can be converted into rooms with shares ablutions and rented at between R1800 and R2000 a month - including the 4 flats this would generate a projected gross income of R 28 000 per month for the building. The additional space is substantial to place container accommodation on as an option.

Florida is a very popular high density residential area and the site has the potential for additional bulk

Please contact us for additional and detailed information

Features

10
4
4
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
4
Kitchens
4
Reception Rooms
4
Exterior
Garages
4
Security
Yes
Domestic Accommodation
1
Sizes
Floor Size
500m²
Land Size
1,500m²
Extras
Totally Walled  • Maids Room  • Pets Allowed  • Private Garden
 
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R
R

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

10,837,070.61

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