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R9,900,000

Great investment opportunity or business premises with a variety of options!

The property is centrally located in a light industrial area of North End in East London, adjacent to the East London CBD and Braelyn. Properties in the area are generally older type warehouses with an average marketability. The property, zoned Industrial Zone 1, consists of a large main double storey building with various offices, two retail premises and a warehouse at the rear. The office section has a reception, waiting room, kitchen and ablutions on the ground floor and a boardroom, two offices and ablutions on the first floor. The rear warehouse premises has various sections from modern to standard factory finishes. Included in the 2223 sqm lettable area is 355 sqm offices, 415 sqm retail premises and 1453 sqm warehouse space. The premises can easily be separated into two or more sections to accommodate different tenants. Rental return of 10% plus.

Features

0
0
Zoning:
Industrial
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
2,333m²
Land Size
2,360m²
Extras
Total Land Extent: 2360 m2, • Building Grade: C, • Power Availability: Three Phase, • Number Of Floors: 2, • Number Of Roller Shutter Doors: 2, • Mezzanine Floor: 1, • It's a Standalone Building

North End, East London

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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

140,609.16

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