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R4,200,000

320m² Retail For Sale in Fourways

Over the years retail space in the Fourways area has grown exponentially in supply primarily in response to a burgeoning demand. We are fortunate enough to have been retained to market a unit in a retail complex that enjoys good exposure and has also grown in demand. For a trader that needs to be in the centre of one of the fastest growing residential areas in South Africa this is a must. Easy access to Witkoppen Road and close to the Fourways Crossing, Fourways Mall and across the road from the famous Monte Casino, this location could not be more ideal. Witkoppen Road has an easy link to William Nicol and the N1 Highway or east to Fourways, Lone Hill and Bryanston, and west to North Riding and Olivedale. The 320 sqm retail space is on three levels, designed in a modern “Warehouse” style with brick finishes and large shopfronts providing plenty of viewing space with a ground floor footprint of 150 sqm and two mezzanines (the top one opening out onto a lovely balcony) of approximately 85 sqm each. There are toilet facilities on the ground floor and the first mezzanine and a small kitchenette to complete the accommodation. The shop fronts open directly on to the Visitor’s Parking area and the unit is clearly visible from the very popular restaurant in the complex. There is plenty of customer parking and 24 hour security around the clock has resulted in no major incidents over the years. Being a unit within a Body Corporate, all external maintenance, security and gardening is taken care of. Immediate occupation.

Features

0
3
Zoning:
Retail
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
320m²
Land Size
27,800m²
Parking Bays
Open Parking Bays
3

Fourways, Sandton

Sandton, one of South Africa’s most affluent suburbs, has been a property goldmine for years. The area is scenic, leafy and luscious, providing families with superb surroundings for their homes. Close to some of Johannesburg’s top schools, Sandton is now known as “Africa’s richest mile” as it has become the business and finance hub of the continent. Busy and vibrant, Sandton affords...
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In the news

Major infrastructure upgrades in Fourways sets the area apart
Within in any area, infrastructure upgrades are highly important to maintain the property value and enable residents and visitors who frequent the particular location a better quality of life. According to The Fourways Review a...
 
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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

56,086.38

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