Share

 ref # 851

print

R 4 900 000 (301 538 EUR*)

select a 2nd currency

mortgage calculator

25
4
± 2500 m2
± 850m2
R 5000  / m

INVESTOR OPPORTUNITY IN ELSIES RIVER AREA

Accommodation for Africa in the heart of Elsies River!
The property consists of 25 rooms together with communal bathrooms.
Ideal for student accommodation, new entrants to the job market or any person requiring safe and affordable accommodation.

  • The property offers the following:
  • 1) 25 bedrooms (which are divided into 3 clusters) with communal bathrooms
  • 2) spacious covered courtyard which can act as an entertainment area, meeting place, accommodate vending machines, pool tables etc.
  • 3) 3 x basic kitchens (one per cluster)
  • 4) spacious admin office
  • 5) 2 x store rooms
  • 6) an adjoining workshop of 85m² (may be let separately) :
  • a) with roll up door
  • b) 2 x toilets
  • c) kitchen
  • d) 5 x offices
  • e) tool cage
  • 7) a shed of 105m², attached to the main building.

  • WHEN PURCHASING THIS PROPERTY, THE FOLLOWING TRANSFER COSTS ARE PAYABLE:
  • i ) TRANSFER DUTY (to Sars) = R372 000
  • ii) TRANSFER FEE (to conveyancer) = R58 000
  • iii) BOND REGISTRATION FEE ( bond R3,5m) = R47000


Message Agent

Hans Bluhm, estate agent


+27 (0)84 517 0700
+27 (0)21 903 8679
prophans@gmail.com prophans@gmail.com
sms agent | agent properties