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R30,576,700

Monthly Bond Repayment R331,361.86
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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18 * Two Bedroom Lucrative UDZ AirBnB investment: BULK opportunity

Exclusive Mandate. No Transfer Duty

This bulk investment consisting of 18 two bedroom units between 43 and 60sqm. North and South oriented apartments with Harbor and Table Mountain views has an incredible occupation rate on the short term rental market. Price includes VAT and durable AirBnB Furniture and Appliances making this a plug and play investment. High occupancy rate and yield history. Plus, this development falls under the UDZ (Urban Development Zone) incentive that can save you a lucrative amount on Tax over the next 10 years, spiking up your net yield.

9 parking bays compulsory at 2.081.250 rand incl. VAT. The complex has a lovely communal area with TV, lounge, pool and gym and  has a hotel styled lobby for easy check-in for the guests. Contact me for actual numbers on short term and insights on the UDZ tax benefits.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
9
Pool
Yes
Sizes
Floor Size
743m²
Extras
Washing Facilities(in building) • Covered Parking • Fibre • Sea • Concrete • Garage with Automatic Door • Built in Wardrobes • Near Park • Good reachable traffic • South • Electrical generator • Lift-Elevator • Balcony • Near Bus • Mountain • Near Hospital • High Speed Internet • Near Motorway • Frequency location • Near Public Transportation • Gas Oven • Near Shops • Hob • North • Entrance Hall • Near Shopping Mall • High Traffic • City Center • Downtown • Near Congress-Centre • Near Railway station • Near Fitness centre • Modern • Common Areas • Redeveloped
 
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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

R
%

Monthly Payment

331,361.86

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