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Toronto House

Corporate Disposal: High Income Generating Block - On Auction 21 November

On Auction 21 November - Corporate Disposal: High Income Generating Block

This stunning block in the heart of the Inner City is comprised of 48 residential units which configured to allow for upside if converting the
larger units.

The current configuration is as follows:

One Bed - 38
Two Bed - 7
Three Bed - 2
Total Units - 48

This well located apartment building is an exceptional investment property that combines residential comfort with commercial potential. Comprised of 48 residential units and strategically located for maximum convenience, this property is a gem for investors looking to capitalize on urban living.

Potential for Upside: This property is configured to allow for the conversion of the larger units, presenting a unique opportunity to maximize rental income and increase overall property value.

Ground Retail Space: The building includes ground-floor retail space, offering additional income potential and convenience for residents. This space is perfect for a variety of businesses, from cafes and boutiques to essential services, enhancing the appeal.

Features

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0
Building Name:
Toronto House
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
495m²
Land Size
495m²
 
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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

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Monthly Payment

210,893.17

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