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R2,795,000

Monthly Bond Repayment R30,289.61
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R11,300

A mixed use property for sale

This property has so much to offer at the most affordable price. Situated in prime area in Pinelands allowing easy access to local freeways and public transport. The property is situated on 3063 sqm of level land with ample parking and room for expansion.

The property was being used for a Day Care Centre / School for children and is now vacant and ready for its new owners. The is a vast variety of options that the new owner could use this property for and the options are endless.

In total the home offers nine bedrooms and five baths which can be used for both residential and commercial usage. The property is 500 sqm in size.

The main building offers four spacious bedrooms with a main ensuite and two separate bathrooms. All the rooms are neat with ample built in cupboards. This can easily can easily be an income generating property. There is a pool in front of the main house.

There is a fully fitted kitchen with wall to wall solid built in cupboards. There are three fully fledged flatlets that can easily be rented out which is an income generator. This can easily subsidize your bond.

The three flatlets are bachelor units and can get generate a phenomenal income. The property can accommodate over twenty vehicles for parking which was ideal for the playschool.

This property has to be on your viewing list to appreciate the qualities it has to offer.

It can be zoned commercial if need be or be attractive for student accommodation as well. The property has three phase power supply.

For further information contact Tracy Maharaj.

Features

9
5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
5
Reception Rooms
4
Studies
1
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
3,063m²

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

R
%

Monthly Payment

30,289.61

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