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20 Bed Bachelor unit in Mahube

An exceptional investment opportunity awaits in the form of this profitable apartment block business, offering an incredible return on investment. This property boasts valuable business rights and comprises 20 contemporary bachelor units spread across two well-designed floors. Access to the upper floor is facilitated by two sets of stairs, ensuring convenience and comfort for residents.

The property's interior reflects a commitment to quality, with each unit thoughtfully furnished and equipped with a kitchenette featuring solid cupboards, a generous clothes cupboard, and a private bathroom complete with a sleek shower, washbasin, and toilet.

Parking is hassle-free, with space for nine vehicles secured within the premises and additional parking available outside the yard. Its strategic location places it in close proximity to a wide range of amenities, including Mams Mall, medical clinics, and educational institutions.

Each unit is geared for modern living, offering a prepaid electricity meter, DSTV Explorer for entertainment, high-speed Fiber internet connectivity, and a dedicated area for a washing machine. The yard is beautifully paved and enclosed by a secure fence, fortified by robust security gates.

What sets this property apart is its impressive monthly income potential, currently generating a substantial R58,000 through rental agreements. Don't miss this opportunity to acquire a profitable investment that seamlessly blends comfort and financial prosperity.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
540m²
Land Size
509m²
 
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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

63,913.26

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