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R3,950,000

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R5,000

Ideal Opportunity For Student Accommodation Property For Sale

Special Residential / Commercial property gem !!!

This commercial property is situated in a prime location near Edgewood College. Situated within 500 meters from the College this property already has students in them with an income already being generated.
This property offers four separate dwellings... YES FOUR SEPARATE DWELLINGS !!! These can easily be converted into offices as well for operating a business which ever the new buyer prefers.

The rooms have been partitioned to accommodate all students, with a fully fitted kitchen with and hob and eating are.

There is also a pool for some outside fun activities for the students.

This double story dwelling is well secured and fenced with an access gate which is automated.

A staff quarters is also on the premises, along with a basement for additional storage.

It is situated directly opposite Ninian and Lester, with easy access onto all freeways, the N3 and M13 and Pinetown CBD.

It was previously home to a safety and security company which has now relocated.

There is adequate parking, both covered and open parking bays. The road frontage is great for added exposure.
With level land and has just been newly renovated and revamped.

If you want your business located on the bus route or if you're looking to step into the student accommodation business then this property is ideally suited for you. It is currently generating a phenomenal rental and ideal to get your foot into the property market.

You do not want to miss out on this fantastic offer, Fastest Finger First grabs you this phenomenal buy !!!

Call Tracy Maharaj to schedule a viewing.

Features

10
5
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
5
Reception Rooms
5
Studies
1
Exterior
Garages
2
Carports / Parkings
13
Security
Yes
Flatlet
4
Domestic Accommodation
1
Sizes
Floor Size
250m²
Land Size
1,349m²

In the news

Chas Everitt Pinetown team giving back to the local Community
It's our Chas PMC Team giving back to our local Community. Thank you to every Sponsor, our Principal Tracy Maharaj, and our Staff for opening their Hearts and wallets to the Ethelbert Child and Youth Care Centre. Great Team...
 
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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

42,806.43

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