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R2,580,000

Monthly Bond Repayment R24,897.56
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R1,300

FANTASTIC opportunity for the clever investigator!!

Witbank. Hie Heuwel. FOR SALE!!MONEY MAKER!!This VERY neat dwelling that was newly painted a year ago, offers 6 flats, 6 under-roof carports, 3 (2 500L each) water tanks with pumps, a water filtration system, a wendy house, a separate laundry building equipped with connections for washing machines etc. and built-in cupboards, an ENORMOUS yard-space to add on extra flats, to increase the value and income, with a current rental income of R32 000 and can be transferred to the new owner!!Each flat has it's own patio and consists of a spacious open-plan living-kitchen area, 1 bedroom with built-in cupboards, and a full bathroom (with washing machine connections).BONUS: current rental agreement with income of R32 000 p/m can be taken over by new owner, PLUS the garden-tools (lawn mover) etc.Extras in flats: blinds, built-in wall heaters, some with air-cons.If you are serious about this excellent business opportunity, DON'T delay...book your viewing!

Features

6
6
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
6
Reception Rooms
6
Exterior
Carports / Parkings
6
Security
Yes
Sizes
Land Size
5,568Ha
Extras
Laundry room,Water tanks and pump,Water purifier.

Die Heuwel, Witbank

The city of Witbank is a city situated on the Highveld of Mpumalanga, South Africa, within the eMalahleni Local Municipality The name Witbank is Afrikaans for "white ridge" and is named after a white sandstone outcrop where wagon transport drivers rested. On March 3rd, 2006, Witbank was officially renamed eMalahleni, meaning 'place of coal', in reference to the area's coal-mining heritage. Witbank is located...
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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

R
%

Monthly Payment

24,897.56

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