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R5,400,000

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Monthly Rates
R8,400 Excl. VAT

Prime Income-Generating Office Building in Bustling Main Road, Walmer

Presenting a versatile office building ideally located in Walmer's busiest commercial hub positioned on a prominent corner. This property offers exceptional visibility and accessibility, making it the perfect space for businesses to thrive.

Key Features:
Income Potential:
Partially tenanted, providing immediate returns with the flexibility for expansion or additional leasing opportunities.

Flexible Layout:
Three interconnected sections / complete offices with interleading doors, offering versatile space for multi-functional use or separate tenancies.

Section 1 - Currently Vacant

This double-storey unit offers a generous layout, with approximately 184sqm on the ground floor and 103sqm upstairs. Features include:

6 offices
Farm style kitchen
2 bathrooms
Dedicated secure parking area with approximately 8 parking bays
Ideal for businesses seeking a well-appointed, self-contained space with ample room for growth.

Section 2 - Currently Tenanted @R16 150pm

Abundant Office Space on one level, measuring +-180sqm and filled with natural light, creating an energizing and productive work environment. Meeting Facilities - a dedicated boardroom, ideal for presentations, meetings, and collaborative sessions. Includes a kitchenette, toilet, double garage and 4 dedicated parking bays.

Section 3 - Currently Tenanted @R7 500pm

Utilised as a work-from-home space; it offers a double storey of +-170sqm consisting of 2 bedrooms, kitchenette, bathroom, enclosed yard, double garage and 2 parking bays.

Airconditioning throughout, Fibre connection, Satellite Internet, Storeroom, alarm systems and much more!

Why Walmer?
Located on Main Road, Walmer is one of the region's busiest and most sought-after commercial areas, offering unmatched exposure and making it the ideal place for businesses to grow.

Don't miss out on this prime commercial opportunity. Contact us today for more details or to arrange a viewing!

Features

0
6
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
700m²
Land Size
1,430m²
Parking Bays
Open Parking Bays
6
 
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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

75,151.23

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