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R15,750,000

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Mixed use property for sale | Main Road Observatory

Prime property situated on busy Observatory Main Road. This property is partially tenanted with a fitment centre on the ground and the 1st floor is vacant. The property is zoned mixed use 2 which allows for a variety of uses such as residential accommodation, offices , retail , hotel, and more. There is potential to add more floors to the building, and turn the building into student residence.

An owner would benefit from signage and branding opportunities on this busy main road. The building is equipped with 3 phase power, and has 5 council parking bays directly in front of the unit. This is a VAT applicable sale.

Features

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0
Title:
Freehold
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
720m²
Land Size
720m²
 
  • 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

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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 

221,437.82

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