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R22,000,000

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Monthly Levy
R1 Excl. VAT
Monthly Rates
R6,800 Excl. VAT

Fully tenanted Block of Flats for Sale in Boston

INVESTMENT OPPORTUNITY WITH GREAT CAP RATE!
NO VAT APPLICABLE!

Presenting a unique investment opportunity on Voortrekker Road. A block of flats featuring 47 sections, ideal for maximizing rental income. This well-maintained property includes 31 flats, each equipped with pre-paid meters for convenient utility management. The flats are a combination of studio, 1 bed and 2 bed apartments. The building also offers 12 secure garages and 4 versatile storerooms. Located in the Boston area, this property ensures easy access to local amenities, schools, hospitals and public transport, making it highly attractive to tenants. With a solid rental history and strong demand in the area, this block of flats represents a promising investment for those looking to expand their portfolio.

Please contact me for more information and to arrange a viewing.

Features

12
0
Building Name:
Bergsig
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,681m²
Land Size
1,784m²
Parking Bays
Basement Parking Bays
12

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Disclaimer: While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak 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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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%

Monthly Payment

R 

306,171.68

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