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GALLERY

R2,500,000

11 LENET
Monthly Rates
R3,004 Excl. VAT

RICHMOND HILL FULLY TENANTED APARTMENT BLOCK FOR SALE

CALLING ALL INVESTORS:

Monthly Rental Income: R40356
Monthly Expenses: R15005
Monthly Net Income: R25350
Yearly Net Income: R304210
ROI: 12%

THE PROPERTY CONSISTS OF THE FOLLOWING:
7 X 2 bedrooms
2 x Bachelor / studio
4 x single garage

All tenanted with Leases and deposits managed by Only Realty
All apartment were renovated in 2022

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
450m²
Land Size
393m²
 
  • 1
 

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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

R 

35,148.86

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