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R27,000,000

10 Leadwood Street

Investment Gem West Acres: Prime Student Accommodation Apartment Block - No Vat - No Transfer Duty

NO VAT - NO TRANSFER DUTY PAYABLE.
Unlock a golden opportunity with this meticulously maintained student accommodation block in the heart of West Acres. Boasting 29 units, each independently registered as sectional title, this property is a savvy investor's dream. The well-appointed apartments cater to 145 students, offering a modern and secure living experience.
Key Features
29 Units with 2 Bedrooms Each
Kitchen, Study Area, and Bathroom in Each Unit
Communal Study/Meeting Room
Communal Spacious Dining Area and Kitchen
On-Site Laundry Facility
Manager and Reception Office
Guard House with Controlled Access
Additional Amenities: Bakkie, 2 Small Busses, Study Hall, and More
All the Furniture and Vehicles are included in the sale.
100Kw Generator.
Strategically located within walking distance of Courtside Spar and Ilanga Mall, this complex provides convenient living for students.
Daily transportation to TUT Mbombela Campus and proximity to educational centers like the University of Mpumalanga enhance its appeal.
Don't miss out on this exceptional investment at an exclusive price! Make your appointment today and step into a future of prosperous returns.

Note: NO Transfer Duty and NO VAT are payable on the transaction. Only Transfer Cost.

Agent registered with the PPRA

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
1,920m²
Land Size
1,958m²
Extras
Security - System • Appliances Included • Pets Not Allowed • Near Shopping Mall • On Quiet Road • Common Areas • Washing Facilities(in building) • Closed Circuit TV • Near Public Transportation • Concrete • Restaurant area • Brick • Safe Location • Fibre • Built in Wardrobes • Near Bus • Air Conditioning Unit • Lift-Elevator • Electrical generator
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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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

383,479.54

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