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R14,000,000

Monthly Rates
R14,800 Excl. VAT

Prime Mixed-Use Investment Opportunity

Nestled in a prime location, this exceptional mixed-use property represents a golden opportunity for savvy investors seeking a multifaceted income generator. Boasting a strategic position mere minutes from major highways and a stone's throw from a local school, it seamlessly combines robust residential rental income with a bustling commercial hub. At the heart of its appeal lies a dynamic commercial segment, featuring a vibrant retail frontage housing six fully-let shops. From a popular restaurant and a well-stocked toy store to a convenient mini-mart and an internet café, alongside a licensed liquor store, each establishment enjoys excellent street visibility and steady foot traffic from nearby commuters and school-goers alike.

Complementing this commercial vibrancy are nine meticulously maintained residential units, each offering spacious layouts with two generously sized bedrooms, private garages, and dedicated parking. Secure access and well-kept communal areas ensure a welcoming atmosphere for residents, contributing to consistent rental income and tenant satisfaction. Highlighting its investment allure, the property benefits from prime connectivity to major transport routes and public transit, enhancing accessibility and convenience. Situated within a thriving mixed-use neighborhood experiencing increasing demand, this property not only promises stable current returns but also holds promising potential for future development. With its blend of commercial vitality, residential comfort, and strategic location, this opportunity stands as a beacon of reliability and growth in today's competitive real estate market.

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
2,368m²

In the news

STANDER'S TEAM COMES OUT TOPS!
"EXCELLENT service without exception... always!" That is the motto of Benita Stander, the principal/director of Castello Properties trading as DPG - Gary Mann Estates, the ace Gauteng-based branch of the Dormehl Phalane Property...
 
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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

190,874.15

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