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R18,000,000

Monthly Bond Repayment R176,695.81
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R16,500

A rare opportunity to invest in Universiteitsoord, Stellenbosch

This is a VAT transaction, asking price does not include the 15% VAT. Should a VAT registered Investor buy it as a going concern, it will be 0% VAT rated.Banghoek Road is well known to all Students, Parents, Temporary and/or contractual University Personnel, Backpacker Travellers, Tourists and Visitors as the most centrally situated accomodation in Town as well as the advantage to have the Duthie Nature Reserve right opposite this House. The House is currently trading as a Guest House / Back Packers Lodge with breakfast included.The House boasts 16 Bedrooms - 14 double bedrooms en-suite and 2 x 6 bed dormitories, 3 Guest Toilets, 2 open plan Lounge areas in 2 of the sections, 2 Lounge areas in the Main House, a Dining Room open plan with the Kitchen, a Laundry Room, a Office/Reception area, 6 under roof parking, 5 open parking areas and 12 off-street parking, a swimming pool and a braai area.All beds and linen are included in the price. Should the Investor be interested in buying most of the furniture, appliances and cutlery, it can be negotiated with the Owner directly.Do not delay, make an appointment for a viewing to be the future proud owner of a property walking distance to campus and Central Stellenbosch.

Features

16
15
Interior
Bedrooms
16
Bathrooms
15
Kitchens
1
Reception Rooms
6
Studies
1
Exterior
Carports / Parkings
6
Security
Yes
Pool
Yes
Sizes
Land Size
1,067m²

Universiteitsoord, Stellenbosch

The popular town of Stellenbosch is known worldwide as the heart of South Africa's wine industry. Its famous wine route includes a whopping 106 wine cellars. Most of these wine cellars are open to the public, which residents of the town surely take advantage of. Tourists and residents also have the perks of spending an entire day in Stellenbosch doing nothing but wine-tasting. Property in the town is hard to come...
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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

176,695.81

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