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R11,500,000

10 INDIVIDUAL UNITS 9 PARKING BAYS AND 8 GARAGES

10 INDIVIDUAL UNITS 9 PARKING BAYS AND 8 GARAGES

Observatory Centre is a newly renovated building in the hub of the rapidly transforming Observatory .The building is over one hundred years old and has been through many transformations, but has always contained retail businesses that benefit from their location right on the busy arterial that is Lower Main Road, Observatory.

216-226A Lower Main Road, Observatory
Land size: 1130 SQM
Coverage 100%
Bulk Factor 3.7
Mixed Use 2


Unit 216 Retail - 110 sqm
Unit 218 Residential 2 bed - 130 sqm
Unit 220 Retail - 120 sqm
Unit 222 Retail - 36 sqm
Unit 224 Retail - 90 sqm
Unit 226 - Residential 2 bed - 140 sqm
Unit 226 A - Retail 130sqm
Unit Courtyard store Retail - 14sqm
Unit - Shop1 Retail - 60 sqm
Unit - Shop2 Retail - 60 sqm

9 parking bays
8 secure garages

1.123m ex VAT return per annum

R11500000 ex vat

E&OE

Features

8
9
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,130m²
Parking Bays
Covered Parking Bays
8
Open Parking Bays
9

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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

163,333.88

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