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Charming Office | Mowbray | Conversion opportunity

This converted home with business rights is situated in a quiet part of Mowbray and is currently setup as an office. It has character throughout with original wooden flooring, high ceilings and fireplaces. It is zoned general business 1 giving it versatile usage rights such as office, residential, medical, hotel, and many more. Its proximity to UCT and the CPUT Mowbray campus make it an ideal candidate for student housing. Parking is easy with parking behind a secure gate for 2 cars and ample street parking around the building. It is close to the station and a short distance from public transport on Mowbray Main Road. Vacant occupation on transfer. The building is approximately 245 m2 under roof. This is a VAT applicable sale, and VAT will be payable on top of the purchase price. You will be able to claim VAT back from SARS under the right circumstances.

The building has an inviting courtyard in the front adorned with shrubbery setting a tone that fits with its characterful interior. It is secured with an electrified metal fence with a sliding gate for cars and a pedestrian gate just in front of the reception. The ground floor features 5 offices, 3 of which are enclosed and two of which are open to a corridor, a glass walled boardroom, a kitchen, storage area, and a toilet. A staircase at the reception leads up to the 1st floor where there are a further 3 enclosed offices, a toilet, and a storage area.

Features

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Title:
Freehold
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
245m²
Land Size
350m²
 
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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

56,238.18

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