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R5,000,000

28 High Street

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Monthly Rates
R8,035 Excl. VAT

Excellent Investment

This building is at the bottom part of High Street which is opposite the old Grand Hotel. A very good income generating property

It has two shops on the bottom front side of the property, one being rented as a hairdressing saloon. The other is a spaza shop with a take away and grocery section.
On the side of the building is the entrance to the flats and rooms which are all rented out at different rentals.Pay as you go electricity in each section of the building. Rates are R8035.37. A separate account for water which is between R16,889-R21,251 depending on use. Each tenant is billed accordingly.

Financials are available

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
877m²

Grahamstown Central, Grahamstown

Founded in 1820 by English settlers, Grahamstown is a city steeped in history, culture and scholastic excellence. Consequently, property in Grahamstown is highly desirable.  Grahamstown’s origins are well documented, and the city boasts a number of commemorative monuments to acknowledge its roots. The Botanical Gardens hosts flora indigenous to the settlers of the time, while the 1820 Settlers Monument...
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Good prospects for investors in Grahamstown
Founded by the 1820 settlers, the Eastern Cape city of Grahamstown is a historical treasure, an educational hub and, of course, the home of the National Arts Festival held every July. In addition, says Steve Birt, managing...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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

70,297.72

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