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R625,000

Prime Location Investment Opportunity with a Positive ROI.

A unique opportunity with a Two Garages, a Restaurant, and an additional Store Space in one of the most sought after positions within the Springs area. The Premises is surrounded by properties that support the market value in both avenues as a thriving Business Sector as the backbone.

Details:
- Stand Size: 993sqm.
- Private Entrances into the Businesses.
- Plastered Boundary Walls.

Main Building:
- Restaurant Area
- Seats Over 30 people
- 1x Bathroom

Secondary Premises:
- Car Storage Building
- Store Room
- Private Use Bathrooms

Tertiary Business Premises:
- Mechanic Workshop
- Private Use Bathroom
- Access To the Back Rooms

Quaternary Business Premises:
- Store Front currently made us of a Church.
- Private Use Bathroom
- Access To the Back Rooms

An Ideal Investment that needs TLC and Maintenance throughput. The Price is marketed below market value due to the condition of the building as well as an outstanding Rates Bill that is to be attended to by the Purchaser due to the low price or alternatively, by the Seller but can be worked into the actual asking Price. To discuss the matter further, please do not hesitate to contact me.

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
725m²
Land Size
993m²
 
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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

8,787.22

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