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R19,845,000

Monthly Levy
R7,504.3 Excl. VAT
Monthly Rates
R9,800 Excl. VAT

Residential Commercial Space for Sale in Philip Nel Park

Nestled in a prime location come to discover a prime investment opportunity at 794 Van Dam Street, Philip Nel Park with a combined size of approximately 7150m² yard size. Priced at R19 845 000, this property promises a projected income of R4 116 000 p/a and allowance for expenses is 25% (-R1 029 000). The fees covers annual Rates, Insurance, Care Taker fees and more leaving you with a nett income of R3 087 000p/a making it an excellent addition to your portfolio.

Mia's Place Offers:
2 (Three-bedroom Apartments)
24 ( Two-bedroom Apartments)
5 (One-bedroom Apartment)
2 (Studio Apartments)

Potential tenants and guests will appreciate the serene environment combined with the accessibility to key business and leisure hubs in Gauteng. Each unit has tiled floors, natural light, and spacious kitchen and bathroom facilities, ensuring comfort and convenience for tenants. The property also boasts ample parking space, catering to the needs of residents and visitors alike.

Don’t miss out on making this Commercial Property your lifetime investment—schedule a viewing today and experience everything it has to offer!

Features

0
0
Building Name:
Mia's Place
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
3,460m²
Land Size
7,150m²

Downloads

MIA'S PLACE.pdf0 bytes
Mia .pdf0 bytes
 
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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

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

279,011.66

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