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R3,450,000

Monthly Rates
R4,032 Excl. VAT

Investment Opportunity

Mix use income generating property with existing tenants.
This well-situated property, zoned for mix use, offers you the opportunity to generate income from two shops with existing tenants and three occupied flats. There is also a separate building with multiple storage or commercial opportunities too.
LAYOUT-
ground floor:
Shop 1- double volume unit of approximately 200 Square Meter with kitchen and small office space.
Shop 2- floor space of approximately 50 Square Meter with kitchen and small office space
A separate storeroom with floor size of approximately 100 Square Meter at the back has potential to be utilized as additional storage or room for another commercial concern.
The first floor consists of three flats, one larger than the other two , with balconies.
Each flat comprises-
2 spacious bedrooms with built-in cupboards
spacious lounge
Full bathroom
Compact kitchen
All flats are well maintained, with tiled or parquet floors. Within walking distance to multiple schools and amenities.
The rear yard area comprises five lock-up garages that can be used for motor vehicles or as storage facilities.
There is ample street side parking for clients and visitors.

Features

0
5
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
991m²
Land Size
991m²
Parking Bays
Open Parking Bays
5

Brakpan Central, Brakpan

Brakpan is a gold and uranium mining town with 346,735 inhabitants in the Gauteng province of South Africa. The name Brakpan was first used by the British in the 1880s because of a non-perennial lake that would annually dry to become a "brackish pan". History The name Brakpan comes from a small pan on a farm called Weltevreden, which was filled with very brackish water and was probably referred to as...
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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

48,505.43

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