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R7,500,000

Commercial building for sale in Bloemfontein City Center

This property has been earmarked for renovation and with the price of the property with the renovation costs and transfer and other costs involved can show a market value of +-R16,000,000.00, on an initial investment value of R11,000,000.00, of which is financed with a deposit equity of only R2,500,000.00 required. This investment when fully rented out will yield on total investment of 18.11% with a monthly income of R231,986.00 and total net profit monthly R71,059.00.

Features

0
0
Title:
Sectional
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
1,410m²
Land Size
494m²
Extras
Retail shops at bottom with residential rental flats on top

Bloemfontein Central, Bloemfontein

Bloemfontein property: A profile of Bloemfontein property from a buyer’s perspective, with information on facilities and where to buy in Bloemfontein. Bloemfontein Known as the City of Roses, Bloemfontein is the capital of the Free State and the judicial capital of South Africa. Mangaung, meaning "place of cheetahs," is its Sesotho name. What used to be considered a sleepy town is now a thriving...
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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

100,154.25

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