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R3,250,000

Boundless Opportunity...

A unique opportunity nestled in the heart of Selby, one of the most sought after positions within the Selby and Johannesburg Commercial area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector.

Details:
- Stand Size: 1433sqm.
- Two Gated & Private Entrances into the Businesses as well as the Warehouses

Main Building:
- Under Roof - +- 700sqm
- 1x Restaurant with Kitchen
- 2x Offices with Employee Bathrooms
- Reception Area
- 14x Bedrooms with Individual Pre-Paid Meters
- Conservative Estimate on ROI
- R1,500-00 Per Month Per Room.
- R10,000-00 Per Month for the Restaurant.
- A Total Conservative ROI of R31,000 Per Month.

Warehouse Premises:
- Two Warehouses
- Main Warehouse - +-330sqm
- Secondary Warehouse - +-260sqm
- Two Private Entrances leading to respective Warehouses
- Private Use Bathrooms for Employees
- 6 Undercover Parking Bays
- Conservative ROI - R15,000 Per Month.

An Ideal Investment with a Conservative Return on Investment of R46,000 a month for an Investor looking for a positive Return on his Investment. Municipal Bills are on hand per request.

All further information is available on request. Please do not hesitate to contact for any additional Information.

Features

6
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,250m²
Land Size
1,433m²
Parking Bays
Covered Parking Bays
6
Parking Ratio
6 bays / 100 m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

45,229.91

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