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R20,000,000

Two adjacent properties subdivided, each with its own individual title deed.

EXCLUSIVE SOLE MANDATE

Welcome to the epitome of commercial convenience. Situated on a busy road on the one side, this prestigious commercial building offers a total of 10 immaculate units, each boasting a generous 100 square meters of space.
In addition to these, there are approved plans for 24 additional double storage units, enhancing the property's utility and value.

As a testament to its enduring appeal, numerous tenants have called this establishment home for over two decades, speaking volumes about its reliability and desirability.
Whether you prefer the security of a yearly lease or the flexibility of a month-to-month agreement, we cater to your individual needs. Moreover, each unit is equipped with separate electricity and water meters, ensuring precise billing and accountability. With a minimum rental rate of R9000 per unit, this investment opportunity promises lucrative returns. What's more, the building is being offered as a thriving business entity, making for a seamless transition and immediate income generation.

A third additional residential house, with its own title deed, upon request.

Experience the epitome of commercial success and stability – seize the opportunity to own this remarkable establishment today!

Features

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0
Zoning:
Mixed Use
Exterior
Security
Yes
Sizes
Floor Size
1,000m²
Land Size
7,550m²
Extras
Totally Fenced • Secure Parking • Security Gate • Burglar Bars • Paveway

Honeydew, Roodepoort

Roodepoort, means "red valley" in Afrikaans.It is a residential area which gets its name from the red soil in the area. It dates back to 1884, when Fred Struben discovered the first payable gold in the area at what he called the Confidence Reef, a large rocky outcrop in the centre of Roodepoort. At the time the area was settled by scattered Boer farmers on nine farms. Four of the farms - Roodepoort,...
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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

281,190.89

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