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R7,420,000

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Monthly Rates
R20,000 Excl. VAT

Office and Apartment Space For Sale

This is a great investments property.
It has 29 offices and 9 apartments.

Situated right opposite the new Department of Home Affairs and - Labour building and around the corner from the Lekwa Local Municipality building. Also just round the corner of the Main Street.

Apartments:
5 x 2 Bedroom apartments
4 x 1 Bedroom apartments
Combined Income of R32000

29 offices spread out over 2 floors with bathrooms on every floor.
Enclosed entertainment area with built-in braai for the offices.
There are offices clustered together, that are secure behind a safety door and has a built-in walk-in safe and air conditioning unit.

A total of 3 walk-in safes.

Existing guaranteed income of R37000 for the next 3 years for the offices currently rented out.

Quite a few offices are open at this moment and when rented out, will provide an additional income of approximately R21000.

Features

9
3
Title:
Freehold
Zoning:
Mixed Use
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
1,646m²
Land Size
1,646m²
Parking Bays
Covered Parking Bays
9
Open Parking Bays
3
 
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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
R
%

Monthly Payment

R 

104,321.82

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