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R3,500,000

1,190m² Retail For Sale in Knysna Central

Commercial building with tenants in the CBD of Knysna. This property is centrally situated across the street from the Knysna Mall. Maximum coverage has been attained on this property based on parking ratio. Passed plans exist for a concrete single story structure giving 8 extra bays at the at the back of the erf.
The building is situated amongst national operators in the area as well as the Knysna Mall which brings good vehicular and pedestrian traffic. The great location in the centre of the commercial hub is one road back from the N2 / Main road.
The level site is north-facing and all commercial properties in the nearby vicinity are developed and occupied. Good off street parking, 3 phase power and back up fully automated 20kva diesel generator installed.
The property has a perimeter wall and armed response.Improvements comprise of main building ( 450m² footprint ) and detached store (50m²). Main building: double volume with brick walls to underside of IBR roof. Concrete floor. This structure comprises of 3 units.
Unit 1, 300m² retail & workshops. 3 Offices, 1 kitchen, ablutions with 2 toilets, workshop, retail frontage.
Unit 2, 60m² retail area with ablutions and 1 toilet, Upstairs 240m² mezzanine supported by high load 1 beams. 7 air-conditioned offices.
Unit 3, 90m² retail with ablutions including 2 toilets plus shower. Store single story constructed from brick walls under IBR sheeting. Ablutions including 2 toilets. Fully paved yard.
At the current income, the yield on the property is 8%

Features

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Zoning:
Retail
Sizes
Floor Size
1,190m²

Knysna Central, Knysna

Why is Knysna property so popular? It's simple, who wouldn't want to stay in a town of exceptional scenic beauty.  Not only are there glamorous real estate options available in one of the most beautiful settings in the country, but Knysna is also well known for the festivals, events, adventure and endangered species that make it an undeniably desirable destination. Knysna is one of the prime areas for...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

47,227.25

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