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R3,500,000

Monthly Bond Repayment R37,929.75
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R4,930

RICHMOND HILL STUDENT ACCOMMODATION POTENTIAL PROPERTY FOR SALE

CALLING ALL INVESTORS: student accommodation potential to accommodate 50 beds that could generate an income of R170 000 per month. Close to bus route to university. Contact me for more information.

R3 500 0000 (plus VAT)

The property is in Immaculate conduction with electric fencing, beams, alarm system and burglar proofing
Sea views of the Bay
Built-in generator connected to the dwellings
2 double story semi detached houses
2 single story dwellings
Undercover parking
Water tanks with pump system

Features

25
8
Interior
Bedrooms
25
Bathrooms
8
Kitchens
4
Exterior
Carports / Parkings
6
Security
Yes
Sizes
Floor Size
940m²
Land Size
1,060m²
 
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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

37,929.75

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