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R5,400,000

Monthly Levy
R4,432 Excl. VAT
Monthly Rates
R2,445 Excl. VAT

544m² Retail For Sale in White River Central

Prime, spacious and easily accessible commercial retail property located on a corner stand in the main street of White River. Excellent investment with long standing tenants with a rental income of R52,000 per month. The building comprises retail outlets and two flats above the shops which are also currently tenanted. The current tenants are a cellphone shop with a two year lease agreement still in place - the rent for this unit is R12,190.00 A clothing store who also have a lease for the two bedroom flat upstairs. Their rental is R15,085.00. A fast food outlet/cafe - the rent is R19,805 per month. The second flat upstairs has a living area, kitchen, three bedrooms and a bathroom. The rent is R4,432.00 per month. This unit has a two year lease agreement still in place. The flat have prepaid electricity meters. Water is included in the rent.

Features

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Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
544m²
Land Size
546m²
Extras
Water Included in rent, Living Area, Kitchen, Three Bedrooms & Bathroom

White River Central, White River

White River is situated in the heart of the gracious living environment that is The Lowveld. White River lies 20km north of Nelspruit not far from the border with Kruger National Park. White River has a population of about 20,000 and is located in an area of considerable scenic beauty. The climate is said to be one of the best in South Africa, neither excessively hot in summer when rainfall is at its highest, nor...
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Indulge your sweet tooth in White River
Chocoholics, eat your heart out. #WorldChocolateDay is almost here. 7 July is the day to honour chocolate in all its yummy, creamy glory. So forget about that diet, get out your dessert fork and put on your best bib. It's time to...
 
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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

70,615.93

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