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R5,900,000

Monthly Bond Repayment R63,938.72
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Investment Property in Howick

The possibilities are absolutely limitless for this property, which boasts multiple buildings and holds mixed-use zoning, encompassing commercial use (excluding VAT). Located on a bustling main street in a highly sought-after area, this property experiences a constant high volume of daily traffic, making it an excellent prospect for businesses looking to seize this opportunity.

Positioned as a corner plot, it is ideal for any business seeking to expand its client base and draw more customers to its doors. The rental income generated from the numerous structures on this property can greatly contribute to repaying your mortgage or bolstering your savings, which may have been used for the property acquisition.

With its generous land size, there is plenty of room for future expansion or additional construction. This property's enduring value is certain, particularly given the rising property prices in the area, notably following the opening of the Fairways shopping centre in Howick and the growth of other businesses along the same street.

Don't let this opportunity slip through your grasp; investing in this property may bring benefits not only to you but also to your descendants in the years to come.

Call me if you would like to view this amazing investment opportunity or would like to list your own property.

Features

14
7
3
Interior
Bedrooms
14
Bathrooms
7
Kitchens
3
Reception Rooms
8
Exterior
Garages
3
Flatlet
1
Sizes
Land Size
5,569m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

63,938.72

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