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R2,650,000

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Monthly Levy
R8,050 Excl. VAT
Monthly Rates
R2,575 Excl. VAT

Currently not load-shed | Atrium | Natural light

Sole Mandate - Brokers are welcome. This office is priced to sell. The Colosseum is a popular mixed-use block in Cape Town's City Centre. This Art Deco Building has a historical feel which is further enhanced by an open-air atrium allowing the natural light to filter into the offices and apartments. The building has not experienced load shedding to date. The Atrium is colourfully decorated with glass sculptures crafted onto whitewashed walls giving residents a sense of height, light, and space. This sectional title unit has full length glass windows looking directly into the courtyard enhancing the open feel and natural light. This unit can be converted to residential and used for short term lets. The Colosseum is a great block for attorneys being nearby the Masters Office and a close walk to all the courts, it's also favoured by creative companies with the unique feel of the Atrium. Situated in Cape Town's financial district in the Foreshore this office block will suit professional companies. This is a VAT applicable sale, meaning that VAT will be payable on top of the purchase price. VAT can be recovered from SARS under the right circumstances. The Seller will provide vacant occupation on transfer.

The sale price includes two parking bays in an adjacent office (block 5 St. Georges Mall) which can be directly accessed from the Colosseum without leaving the safety of either building. The parking entrance is on Adderley Street with a quick entry / exit to the Southern or Northern Suburbs via the major highways. The unit is a 2-minute walk from Cape Town Station and the Adderley MyCiti bus stop. The office is ready to move into or make it your own with a professional redesign. The office features large windows onto the courtyard, and large windows at the rear looking onto Riebeek Street. The office features a large reception area, an 8-10 seat boardroom, 3 glass enclosed private offices, a printing station, a large open plan office, a plumbed kitchenette, a bathroom with a shower, and male and female staff toilets.

Features

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0
Title:
Sectional
Building Name:
The Colosseum
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
206m²
Land Size
206m²
 
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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

 

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Monthly Payment

37,257.79

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