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R2,326,500

4 Newquay Street

4 Newquay Street | Commercial Investment Property for Sale in New Redruth

Excellent investment property for sale in New Redruth. Asking price R2 326,500.00. The property generates a rental income of R40 000 per month and general expenses are between R10 000 and R12 000 per month.

Under roof is 593sqm and stand size is 1280sqm. The property consists of the following:

11 Flats with private bathrooms.
Separate flat with private bathroom.
House with 4 bedrooms.
Storage rooms at the front of the property.
1 garage.

The property is in close proximity to all main arterial routes, shops, schools and other amenities in the area.

Features

0
0
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
593m²
Land Size
1,280m²

New Redruth, Alberton

Tyger Valley, situated on the outskirts of the Northern Suburbs of Bellville and Durbanville is all about shopping and retail therapy. The formidable shopping facility is named after the suburb of Tyger Berg, which is an area which is said to be notably hilly for the otherwise flat landscape of the Northern Suburbs of Cape Town. A lot of the action in Tyger Valley is centred around Durban Road. This iconic Northern...
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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

32,709.53

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