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R1,400,000

Monthly Bond Repayment R14,930.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,606

Great Investment!

This property is strategically located at the entrance of King Williams Town from East London, offering excellent potential for a business venture, such as a guest house or bed and breakfast. The large erf provides ample parking space, which is a significant advantage for any business. While the property does require some TLC, it boasts great potential for commercial use.

Key Features:
- 5 Bedrooms: All with tiled floors.
- 2 Bathrooms
- Open Plan Kitchen: Featuring tiled floors and a pantry, perfect for preparing meals for guests.
- Security: Equipped with burglar bars and fully fenced for added safety.

This property is an ideal opportunity for anyone looking to establish a business in a prime location. With some renovation and care, it can be transformed into a thriving guest house or bed and breakfast.

Features

5
2
Interior
Bedrooms
5
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Flatlet
2
Sizes
Land Size
559m²
Extras
Street Front • Victorian • Steel • Queen Bed • Wooden Floors • Tiled Floors • Common Toilet • Shower • Breakfast Nook • Open Plan Kitchen • Fireplace • Balcony • Open Plan • Fireplace Entrance Hall • Secure Parking • Visitors Parking • Flatlet • Burglar Bars • Security Gate • Totally Fenced
 
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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

14,930.01

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