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R4,800,000

Investment Opportunity! Attractively priced for a quick and advantageous acquisition.

Commercial Building with Lucrative Potential. Consists of 18 Apartments and 8 Shops. Boasting a strategic location and diverse set of units, this property is tailor-made for student accommodation, making it an ideal prospect for discerning investors.

Situated in the heart of Kimberley Central, this property represents a rare chance to secure a commercial building with existing income streams and significant growth potential.

The property includes 18 apartments, comprising 12 one-bedroom units, 4 two-bedroom units, and 2 bachelor apartments. Additionally, there are 8 shops, featuring 5 spacious shops and 3 smaller shops.

While the building currently stands as a sound investment with existing tenants, it presents a unique opportunity for the savvy investor to enhance its potential. A little maintenance and strategic upgrades can elevate this property to its full glory.

Don't miss out on this exceptional investment opportunity! Contact us today to schedule a viewing and explore the potential of this commercial building in Kimberley Central.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,280m²

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

67,485.81

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