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R5,500,000

WELL KEPT COMMERCIAL PROPERTY WITH LONG TERM TENANTS!

Immaculate commercial property in North End East London! The property generates two rental incomes at present (3 year leases) or it can be used as an owner occupied property with additional rental income. The property is located in a cul-de-sac and has exposure to the busy North West Express Way. There are two well-kept buildings on the property and there are under cover parking for 5 vehicles within a secure yard. There is plenty of street parking in front of the buildings in the cull-de-sac. The front building has an open plan reception / receiving area (with entrance and roll up door), office and small store room. It is ideal for a retail trading business or warehouse (168sqm). The back building of 598sqm, has two stories. At the bottom there is a 300 sqm warehouse with a staff change room/toilet/shower, a reception with seating, large office, kitchen and separate toilets. On the first floor there are 4 offices, boardroom and a toilet. At the back of the building is a car wash and storage space. Vehicle access from the front and back of the building. The property is secured with boundary walls, an access gate, alarm system and CCTV.

Features

5
5
Zoning:
Commercial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
766m²
Land Size
1,325m²
Parking Bays
Covered Parking Bays
5
Open Parking Bays
5
Extras
Building Grade: A, • Power Availability: Three Phase, • Power Details: BCM, • Number Of Floors: 2, • Number Of Roller Shutter Doors: 5, • Height Of Shutter Doors: 3.75, • Roof Height: 6, • It's a Standalone Building, • It's a Multi Tenanted Building

North End, East London

East London real estate can be found at the northern end of a 300 kilometre stretch of coastline known as the 'Sunshine Coast', and is renowned for its great expanses of beautiful un-crowded beaches. Sleepy seaside towns and villages create a picturesque setting along river mouths, leading to long stretches of golden sands which makes the area very appealing to surfers, swimmers and sun-worshipers. The property in...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

78,116.20

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