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R12,000,000

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R12,881 Excl. VAT

Commercial Property for Sale in Michau Street, Strand Central

We wish to present to you this Commercial Property in a Prime position, just off Beach Road. The property consists of a ground floor with 3 shops which are presently being rented out with a total monthly rent of about R50,000. The Upper floor is vacant at present and in the process of being refurbished. It was once a Sports Bar and the monthly income was in the region of R60,000. The upper floor can also be converted into office space. A total of R110,000 can be generated from the rental of the ground and upper floors.

The Commercial Property is situated on the busy main road of Strand and has a heavy foot traffic and ample parking for customers. All the major Chain Stores, Restaurants, Bars and Shops are in the nearby vicinity. This is an investor’s dream so don’t delay and miss an opportunity like this and contact us today for a viewing.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,710m²
Land Size
855m²

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Published 15 Dec 2021
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties 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:
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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Monthly Payment

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163,606.42

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