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R2,650,000

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Monthly Levy
R2,650 Excl. VAT
Monthly Rates
R1,750 Excl. VAT

Airbnb potential! | De Waterkant | Showroom | Victoria Junction

Victoria Junction, arguably one of the most popular office blocks in one of the most popular nodes - De Waterkant. This is a very versatile ground floor space, it could be converted to an Airbnb apartment, used as a showroom, destination retail, storage and distribution, or an office. The Seller has plans for a 1-bedroom en-suite apartment which are approved by council and the body corporate. Victoria Junction is a 24-hour security block with manned security at each of the entrances, CCTV, and an on-site manager. It is walking distance from the Cape Quarter and a stone's throw away from the V&A Waterfront. Easy access to the Suburbs via the highway, and Atlantic Seaboard via the main road. One secure basement parking bay is included in the sale. Vacant occupation will be provided on transfer. The price quoted does not include VAT. The purchase price is R2,650,000, and the applicable VAT is R397,500. If the property is leased and generating income, SARS may exempt the buyer from paying VAT. Dual mandate - brokers are welcome to call!

This unit is situated on the ground floor, just off the tree lined courtyard. It is currently used as a repair centre for coffee machines. The unit features a reception area and a small workshop at the back. An info pack is available upon request. Please feel free to contact me for a viewing.

Features

0
0
Title:
Sectional
Building Name:
Victoria Junction
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
58m²
Land Size
58m²
 
  • 1
 

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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

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Monthly Payment

36,879.77

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