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PROPERTY in MDANTSANE

On auction
Duly instructed by the owner by means of a High Court Order, Case No. CA 2/2024, we offer for sale by public auction 3 blocks of flats and a school at 10014 NU 2, Mdantsane, opposite Langelitsha Senior Primary School.

1st Block comprises 10 en-suite rooms with a walled yard.
2nd Block comprises 30 rooms with 4 communal bathrooms.
3rd Block comprises 30 incomplete rooms, requiring the buyer to finish the building.
4th Block is a school with bathrooms and a kitchen.
Venue: On-site – 10014 NU 2, Mdantsane
Date/Time: Wednesday, 19th February 2025 @ 11:00 AM
Viewing: By appointment or 1 hour prior to the auction

Great investment opportunity for someone.

Terms: ID and proof of residence are required for registration. A 5% deposit, auctioneer’s commission, and advertising costs are payable on the fall of the hammer.

Full terms and conditions are available for inspection at our offices: 70 Chamberlain Road, Vincent, East London. Subject to change without notice. Right of admission reserved.

Features

40
14
Interior
Bedrooms
40
Bathrooms
14
Sizes
Floor Size
1,000m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian 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

30,965.65

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