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R1,690,000

Monthly Levy
R2,500 Excl. VAT
Monthly Rates
R1,100 Excl. VAT

An Income Generating Retail Opportunity!

This income-generating sectional title unit presents a lucrative investment opportunity with long-standing tenants in place, ensuring a consistent monthly income. Ideally situated within a residential area, the center benefits from a steady stream of walk-in customers, tapping into the local residential clientele. Ample parking space enhances accessibility, while palisade fencing secures the property. The commercial building is not only strategically located but also in excellent condition, offering a low-maintenance investment prospect.

Buyers can capitalize on the thriving environment, leveraging the established tenant base for ongoing returns. This property is a compelling income-generating opportunity, combining prime location, parking convenience, and a well-maintained structure, making it a sound choice for investors seeking a stable and profitable venture.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
163m²
Land Size
163m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

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

24,002.98

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