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R6,100,000

Monthly Bond Repayment R59,880.25
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,071

Potential land for development

The property is also for developers that wants to build flats, town houses or sectional title units and also approved to erect multi storage units and or when rezoned to residential 4 the site is approved by the council for buildings with a maximum height of six storeys with 60% coverage and 1.2 FAR.
The potential income tat can be earned to advertise on the already erected advertising boards next to the busy arterial road is enormous.

Present rental per month:
House - R8500
Flat 1 - R3850
Flat 2 - R2800
Storage facility R500.

There are separate prepaid meters in all the units as well as the house.
Two bigger additional bill boards can also be erected.
The potential income on the existing 4 bill boards is R12960 each. The rate per m2 on the billboards is approximately R432/m2
The potential on the 2 bigger bill boards will approximately be R35000-00 per side if the size is 81m2 .

There are presently 2 houses on the property with a granny flat and a prefab cottage.
Other features include a small warehouse, staff quarters, Lapa & entertainment area.
The one house is used as a studio and work shop while the main house has 3 bed 2 bathrooms study.

The property is currently zoned agricultural.

The property is very close to Eastrand Mall with easy access to the N12 & N17.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
5
Flatlet
2
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
10,592m²

Eveleigh, Boksburg

Boksburg is thriving and bustling town located in the East Rand of SA’s Gauteng Province. The suburb is flanked by Benoni and Brakpan to the East, Kempton Park to the North, and Germiston and Alberton to the West. The suburb is also located just 25 kilometres East of Johannesburg’s CBD, putting nearly every conceivable amenity within close range of Boksburg property owners.   What are the major...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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

59,880.25

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