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R5,800,000

Monthly Rates
R2,530 Excl. VAT

Investment Opportunity

Commercial Property with 7 flats and 4 Shops in Central Jeffreys Bay
The property offers you:

FLOOR 1: 7 flats

Flat 1: 4 bedrooms, 2 bathrooms, open plan kitchen and living area, built-in cupboards - 185.59m2

Flat 2: 1 Bedroom, bathroom, open plan living area and kitchen, built-in cupboards - 53.59m2

Flat 3: 1 Bedroom, bathroom, open plan living area and kitchen, built-in cupboards - 56.59m2

Flat 4: 3 Bedrooms, bathroom, open plan living area and kitchen, built-in cupboards - 94.59m2

Flat 5: 2 bedrooms, bathroom, open plan kitchen and living area, built-in cupboards - 60.59m2

Flat 6: 3 bedrooms, bathroom, open plan living area and kitchen, built-in cupboards - 84.59m2

Flat 7: 2 bedrooms, bathroom, open plan living area and kitchen - 80.59m2

SUMMARY: 2x 1 bedroom-, 2x2 bedroom-, 2x 3 bedroom-, 1x 4 bedroom- flats

There is secure parking for 5 vehicles and the entrance to the 2nd floor is also secure. All the flats are spacious.

GROUND FLOOR: 4 Shops

Shop 1 = 95m2

Shop 2 = 219m2

Shop 3 = 35m2

Shop 4 = 60.80m2

Total Common Property: 311.55m2 which includes parkings, a storeroom, foyer, toilet

Total Commercial and Residentail Property = 1069.80m2

Secure yourself a GOOD income for your retirement. CONTACT me to view.

Features

0
0.4
Title:
Freehold
Building Name:
Smitties Building
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
837m²
Land Size
744m²
Building Height
8m
Parking Bays
Covered Parking Bays
0.4
Open Parking Bays
0.4
Extras
Balcony  • Security  • Patio

Jeffreys Bay Central, Jeffreys Bay

The town of Jeffreys Bay, also known as J-bay, is located in the Eastern Cape province of South Africa. It is situated just off the N2 Highway, about 75km southwest of Port Elizabeth. The town is a popular tourist destination as a result of its surfing opportunities, abundant seashells, and great seafood.  Property in Jeffreys Bay is priced from R640 000 to R8.5 million and caters to homeowners with different...
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In the news

Jeffreys Bay - The top choice for homebuyers
Is it the fact that it holds the title of 'Kwela Town of the Year' for 2018 or is it the mystical sea views that make Jeffreys Bay the desired destination for many city dwellers and their families? Or does it appeal in every way...
 
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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

81,545.36

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