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R29,000,000

Oxford Village

Residential Building Comprising 55 Units

Investment Lifetime Opportunity: Oxford Village


A complex offering a unique blend of residential opportunities! Total of 55 units located in Philip Nel Park 1.8km from TUT University.


Key Features:


- Total of 55 units, offering a unique opportunity for investors seeking income-generating properties
- Mix of single and double-storey clinker simplexes, with double-storey bulk available
- 55 units can be converted to 259 student beds, catering to the demand for accommodation in TUT University
-Zoning Certificate in Place
-Rent Roll in Place


Accommodation Details:


- Unit sizes vary, with some units exceeding the minimum sizes stipulated in the Gazette for new buildings.
- Specific unit sizes:
- Two-bedroom units: 11.27m² - 11.05m²
- One-bedroom open lounge units: 13.69m²
- Three-bedroom units: 7.4m²


This established complex offers investors a rare opportunity to acquire a substantial income-generating property in a prime location.

Features

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Zoning:
Commercial
Exterior
Security
Yes
Extras
Near Medical Center • Near Hospital • Covered Parking • First owner • Near Motorway • On Busy Road • Safe Location • Brick • Closed Circuit TV • Underfloor Heating • Near Shops • Country Side • West • Near Public Transportation • Modern • Near Fitness centre • Built in Wardrobes • Near Shopping Mall • On Quiet Road • Fibre • Built In Appliances • Forest View • Kitchen - Extra • Mountain • Near Bus • Near Schools • Near University/Campus • Pets Not Allowed • To Be Renovated
 
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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

395,382.17

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