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R5,500,000

Prime Commercial Property Investment Opportunity in Kimberley Central

Commercial property with a Drive-Thru, excellent location for a drive-thru restaurant. The property comprises 4 spacious shops and 8 apartments. The shops are on the ground floor, each currently leased to established businesses. With reliable tenants in place, generating consistent rental income, investors can benefit from immediate returns on their investment.

The first-floor houses eight well-appointed apartments, providing comfortable accommodation for residents. These units are also currently occupied, contributing to the property's overall rental income stream.

Situated on a busy corner in Kimberley Central, this property enjoys high visibility and accessibility. The erf is zoned to allow for the construction of an apartment block, presenting an exciting opportunity for future development and expansion.

This commercial building presents an exceptional chance for savvy investors seeking to expand their portfolio or enter the thriving real estate market in Kimberley. Contact us today to arrange a viewing.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,140m²
Land Size
900m²

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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

76,542.92

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