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R2,295,000

RITA GEBOUE
Monthly Rates
R5,217 Excl. VAT

Two properties for the price of one, excluding of VAT.,

Investment opportunity!!!

A floor area panning approximately 850 square meters on a double erf of Approx. 1520 square meters.

The first floor features four spacious flats, each comprising two bedrooms, a living room, a kitchen, and a bathroom.

Each flat has a small private back garden, offering a cozy retreat.


Below the flats, you will find two extra large shops with expansive windows, ensuring excellent visibility for your business.

Both shops have a kitchen area, bathroom, and a small enclosed private back courtyard.

The property also includes six lock-up garages and two storerooms, one is extra large, providing ample storage space.

The rear courtyard offers secure parking for multiple vehicles, keeping them safe and protected.

Security is a priority, as the property is fully walled with a motor security gate in front, securing the back courtyard. Additional security gates are installed on all door openings and passageway entry points, along with burglar bars.

The location of this property is ideal, with excellent visibility from various directions. It is conveniently situated near major transport systems, including buses and taxis, close to freeways, retailers, wholesalers, shopping malls, hospitals, and police stations, and the famous Nelson Mandela Bay Sports Stadium is nearby, ensuring a safe and vibrant neighborhood.


With a little effort and passion, this block can be restored to its original beauty. Consider transforming the garages into additional accommodation to generate even more income.


The potential of this property is limitless, so don't hesitate to seize this fantastic opportunity in the heart of Sidwell!!


Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain

Call me today for a private viewing

Features

6
8
Building Name:
RITA GEBOUE
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
850m²
Land Size
1,520m²
Parking Bays
Covered Parking Bays
6
Open Parking Bays
8

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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

 

LOAN AVAILABLE

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Monthly Payment

32,595.76

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