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R29,950,000

Student Accommodation at it's best

SOLE MANDATE. Private property (4 200 m² under roof), well secured with 24 hour security is Solar equipped with a back-up 179KVA generator. Water is stored in water tanks and supplied by borehole on premises. Contract in place with the Department of Education. Property currently house 165 students at a monthly rate of R3700.00 per student.
The students have access to high speed internet. Self catering units with on suite bathroom. Meals are prepared on site at an extra cost. Swimming pool in place.
Daily student transport is available from venue to various education centers.
There are three conference rooms, 228 m² each which is separated with sliding doors opening up to 684 m² combined. Ideal for functions and weddings.
It has a full equipped bar with an up-to-date On Consumption Liquor License.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
4,284m²
Land Size
21,615m²
Extras
High Speed Internet • Kitchen - Extra • Washing Facilities(in building) • Brick • Barbeque pit • Near Highway • Air Conditioning Unit • Security - System • On Busy Road • Safe Location • Energy Backup Unit • Closed Circuit TV • Restaurant area • Country Side
 
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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

 

LOAN AVAILABLE

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Monthly Payment

408,334.35

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