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R7,980,000

79 Wodehouse Street

Commercial Property For Sale in Sandringham

Calling all investors! This is your chance to own not one, but two apartment blocks on a single corner property, offering 10 spacious 2-bedroom apartments in total. Perfect for generating consistent rental income or expanding your property portfolio.

Each unit is thoughtfully designed for comfort and practicality, featuring spacious interiors, built-in cupboards for added storage, and full bathrooms with all the essentials. Each apartment also comes with its own undercover parking, ensuring convenience and security for tenants. To top it off, the property includes a water tank, providing reliable backup water supply—an added bonus for peace of mind.

Situated in a lovely, quiet suburb, this corner property is ideal for tenants seeking tranquility while still being close to essential amenities like schools and shopping centers. The building itself is in great condition, requiring minimal upkeep and ready to generate income from day one.

Key Features:
- 2 apartment blocks on one corner property
- 10 x 2-bedroom spacious apartments
- Built-in cupboards in every unit
- Full bathrooms in each apartment
- Undercover parking for each unit
- Water tank for backup water supply
- Located in a quiet, desirable suburb
- Building is in excellent condition
- Perfect for rental income or investment

This property offers incredible potential for any investor looking for a secure, well-maintained, and income-generating opportunity. Don’t miss out—schedule a viewing today and take the first step toward securing this rare find!

Features

10
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,100m²
Land Size
1,258m²
Parking Bays
Covered Parking Bays
10
Extras
Above Road • Accommodation • Backup Water • Bath, Toilet and Basin • Curtain Rails • Built in Wardrobes • Carport • Electric Gate • Immaculate Condition • Shower • Suburban • Security Gate • Under Counter Oven • Tiled Floors

Sandringham, Queenstown

Background and Historical Information of the Area Queenstown, officially named Komani now, is a historic town located in the Eastern Cape province of South Africa. In early 1853, under the guidance of Sir George Cathcart, Queenstown was established as a settlement, and subsequently, as a fort, bearing the name of Queen Victoria. The Eastern Cape region was a site of conflict and warfare during the 19th century...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

107,678.13

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