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OBSERVATORY | EXPOSURE ON LOWER MAIN ROAD | EASY LOADING

This semi-detached property on Lower Main Road Observatory has excellent visibility with a great opportunity for signage to build your brand. It is currently setup as print shop, having general business 1 zoning it has versatile uses including retail, restaurant, and office. There are two parking bays directly in front of the unit which facilitate loading into the unit, and / or easy customer parking. Observatory is a youthful exciting suburb populated by students and young professionals with the Lower main road being a hub for business and entertainment. Its proximity to UCT and Groote Schuur hospital establish it as a student hub and ensure its growth as a suburb.

The property consists of a ground and 1st floor access via a wooden internal staircase. The 1st floor is mostly open plan, at the entrance you have a small enclosed courtyard at the front, which is accessed via a security gate, two rooms, an open plan area, kitchen, and toilet. On the second floor you have a large open plan area with balconies on either end of the property with the front facing balcony looking onto Lower Main Road.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
280m²
Land Size
191m²
 
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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

31,633.97

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