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Excellent commercial property in ever popular Bella Rosa

THE ASKING PRICE IS R3.15MIL PLUS VAT FOR THE OFFICE PREMISES ONLY. THE GARAGES ARE ADDITIONAL. This 175 meters squared commercial property is ideally positioned within the ever popular Bella Rosa to give the occupant maximum off road exposure. Bella Rosa is positioned between Bellville and Durbanville and 500m from Tyger Valley. The complex also offers easy access to all major roads and high ways amongst others the N1 leading to Paarl and Cape Town/ Century City. The property consists of a beautiful reception area, a spacious board room, 7 enclosed offices, a huge open space ideal for partitioned work stations, a small kitchen and a restroom/ toilet facility. 6 single basement parking bays (@R82,000 + VAT each), 1 tandem parking bay (@R105,000 + VAT) and 1 open parking bay (@ R55,000 + VAT) can also be purchased. The new owner is not compelled to purchase all of the parking bays, but they would have the first right to decide how many they want.

The current tenant is paying R131 per square meter and the rental amount will escalate to R142 meters squared on 1 Aug 2019. The current lease is set to expire 31 July 2020 but the lessee has expressed the wish to opt out of their lease early. The current owner will consent to premature cancellation should the property be sold and or a new acceptable tenant has been secured. To view this brilliant property call me asap to make arrangements for a viewing.

Features

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0
Title:
Sectional
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
175m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty 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

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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

47,904.64

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