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R1,200,000

PRIME COMMERCIAL ASSET THAT YIELDS GREAT RETURNS

This great piece of real estate is well situated in the middle of the Vereeniging CBD and Three Rivers.
It has a house let out as a multi-let property and also a tuck-shop.
It's also close to Riviera On Vaal, Arcelor Mittal SA plant, shopping centres, primary & secondary schools, colleges, varsities, health care facilities, religious institutions and government departments.
Its sizable land makes it suitable for been converted into a multi-let resi-property or a full scale Apartment building.
For an Apartment building conversion - (the target market can be students or the working people (from Arcelor Mittal or nearby businesses)
It enjoys great foot and vehicle traction as it lies in the main road connecting Vereeniging to Three Rivers.
It presents endless opportunities such as been used as an office, small scale light-industrial, retail outlet, long & short-term residential rental property.
This ASSET is up for grabs for those who like great investment opportunities.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
917m²
Extras
Concrete • Near Hospital • Near Park • Near Shopping Mall • Safe Location • Near Schools • Near Highway • East • Brick • Covered Parking • Near Children's Park • Near Railway station • On Busy Road • Near Fitness centre • Near Medical Center • Near University/Campus • Stone • City Center • High Traffic • Near Bus • Open • Near Shops • Common Areas • Near Public Transportation • Frequency location
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

16,871.45

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