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Charming home conversion | Work-live | Restaurant opportunity

Victorian Style Home with prominent frontage onto busy Victoria Road in Salt River. The frontage presents a great opportunity to brand your business. The property has an attractive garden and porch in the front with a surrounding white metal fence. The owner has recently restored the property with a fresh coat of paint and varnished the original wooden flooring. The property is zoned mixed use 2 allowing for many different uses including retail (restaurant or pub), offices, residential (including student housing), entertainment and more. The property is close to Roodebloem road providing ease of access from the CBD and Southern Suburbs for your customers, and quick access to the Northern Suburbs via the N1 from Church Street. This property could easily be configured for a restaurant with rear loading via a side street, and potential to mount extraction at the rear (which the neighbor has done), and space for a gas cage in the courtyard. The courtyard could make a wonderful addition to a restaurant or simply an outdoor area for an office.

The space has character throughout with original wooden flooring and high ceilings, it features two rooms in the front with windows facing Victoria Road, an open plan area with a fireplace, a kitchen at the rear with a room behind it, and courtyard with 3 toilets (requiring renovation). There is access to the courtyard at the back via a side street.

Features

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Title:
Freehold
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
170m²
Land Size
290m²
 
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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

49,208.41

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