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GALLERY

R39,500,000

157 Main Road

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Development opportunity Green Point

Calling all developers to realise the potential this prime GR5 zoned property has to offer by way of renovation. It is ideally suited for redevelopment, suited to student accommodation, retirement facilities or micro apartments or to refurb and continue running as a hotel.
The right to trade as Sleep Easy Hotel is included in the price.
Operating currently as a well-known hotel in two buildings comprising the following:
39 well-appointed en-suite rooms
Two communal kitchens
Laundry Facilities
Secure Parking
Close to all amenities
Erf Size 938 sqm
Floor Size 1300 sqm

Features

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0
Title:
Freehold
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,300m²
Land Size
938m²
 
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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

R 

555,352.00

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