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R7,500,000

Terrific Business Opportunity

Terrific business opportunity

An ideal potential business location has become available. Any business minded person would find this property very attractive. The property features 7 spaces that currently accommodates small businesses ranging from catering, restaurant to clothing retail.

The entire land size is 1427 m2 and a functioning borehole is also found on the premises, cutting costs and not being reliant on municipal water is a bonus. This ideal property offers an instant income being as it is fully let and brings in an estimated R85 195 monthly.

A mere stone throw away from Mimosa mall and found right across the road from St Andrews school. Beautifully visible from the road and attracts a lot of foot traffic.

The property as is, is subject to business zoning rights and is currently operating effectively as a commercial space since it houses 7 different small to medium businesses.

Any would be buyer inherits the current tenants to further lay emphasis on the fact that it is an instant return on investment.

Electricity is covered by each of the tenants at their own expense.

Do not let this prime opportunity pass you by. A true gem awaits for whoever snatches it up.

Features

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1
Zoning:
Commercial
Exterior
Security
No
Parking Bays
Open Parking Bays
1
Extras
Burglar Bars

Brandwag, Bloemfontein

Although Bloemfontein might not be as major an epicentre as Cape Town, Johannesburg or Durban it still has a lot to offer in terms of residential bliss. It's the capital of the Free State which is a province in South Africa noted for its agricultural exploits. The town is well known for its Rugby, friendly locals and a fair deal of places to go out. The name loosely translates to Flower Fountain or Blooming...
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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

106,522.09

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