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5 Main Street, Townsview, Townsview, Johannesburg
5 Main Street, Townsview, Townsview, Johannesburg
18
10
10 Sectionalized units for sale !!!!
8 x 2 beds, each unit has its own bathroom, Bath basin and toilet. The kitchens is a very decent size, units all have its entrance as a sitting lounge. Each Unit measuring 69 SQM each.
2 x 1 Bedroom, Bath basin and toilet, as well as kitchen. 47 SQM each
4 x Double tandem Lock up garages.
3 x Single Lock up garage.
1 x Storage Room
Motorized access gate.
Impeccable condition. The interior and exterior have consistently been maintained.
50 meters from Towns view Primary school.
Rental demand is high, never be without a tenant.
Sectional title buildings like this are rare !!
What are the MASSIVE BENIFITS you ask yourself??
Well, you might want to use the banks money to purchase the building and if it is so.. Financing this investment comes with much better terms and conditions.
1 - Banks most likely to approve a 20 year loan!! (not a 10 year normal commercial res loan)
this means more money in your pocket every month, as you have longer to pay the bank back! What a win!
2 - Banks most likely to finance 100% of the deal. (Residential, not commercial RES).
3 - Bonus, no need to drop a 30% down deposit payment, roughly 1 million rand.
4 - YOU will NOT have to pay any Transfer DUTY on the deal. These 10 units all being sold individually fall under the 1.1 million threshold.
(That's a R200 000k saving)
Total estimate collection R45600
Total accurate expense R 9658.00
NET amount R35942
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