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R4,500,000

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Monthly Rates
R8,000 Excl. VAT

Calling all Commercial Investors! Great Business Opportunity in Silverglen

View this very busy business complex set on approximately 1000 square meters with 3 road frontage drive- in.

The complex currently comprises of 2 residential flats and 6 business outlets consisting of:
• A Salon
• Aluminum shop
• Auto Accessories Shop
• Car wash `
• Fast Food Take –Away
• Butcher Shop
• 2 Vacant shops
• Flat 1
• Flat 2

The current approximate income generated is R40 000 per month. Great earning potential as all shops in the building are occupied by long term paying tenants.

The monthly rates are approximately R8000 per month. All tenants pay their own lights and water; most of the outlets already have water meters installed.

The complex is situated near a main road with clear unobstructed views, spacious and has plenty of parking available.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
939m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Wakefields Estate Agents website is accurate and up to date, Wakefields Estate Agents 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

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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

R 

63,913.26

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