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R3,300,000

38 Eugene marais

Stunning property with all the right stuff .

Stunning property with all the right stuff .

This is a 2 in one sale. 2 properties for same price. Very well maintained property offering you the best investment opportunities you will have in 2022.

This massive property has mixed zoning rights, a lift servicing all 3 floors.
The top floor is approximately 400m2 is being used as home.
2nd floor is open with no divisions and was used as offices.
Ground-floor has space for minimum 8 shops. The whole building it's self is approximately 1200m2 under-roof with ample opportunities to make use of it as possible student accommodation / be divided into apartments for rental income or a block of offices .

The 2nd property is the adjoining with carports that services this property with 40 covered parking spaces . Each property is 991m2 in land size.

The building is situated in the heart of Vereeniging close to Department of Home affairs .

Properties are registered in a Company and an option is to buy the shares of the Company.
Vat registered.

If space is well utilized, high return on investment is possible.

Registered with the PPRA as a Candidate Property Practitioner, under Real Royal Properties Investments(Pty) Ltd t/a Century 21 Vanderbijlpark, registered with the PPRA as a Business Practitioner , who operates a trust account

Features

40
4
Zoning:
Mixed Use
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
1,200m²
Land Size
1,982m²
Parking Bays
Covered Parking Bays
40
Open Parking Bays
4
Extras
Building Grade: B, • Power Availability: Three Phase, • Number Of Floors: 3, • It's a Standalone Building

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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

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%

Monthly Payment

46,869.72

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