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R61,000,000

Prime Commercial Building | 38 Luxurious Apartments | Office Space | Bakery

Welcome to the Epitome of Luxury and Investment Potential!

Introducing a rare gem in the heart of the city – a commercial building that transcends expectations and redefines urban living. This prestigious property is a beacon of sophistication, boasting 38 exquisite apartments ranging from 1 to 3 bedrooms, including opulent penthouses with en-suites that provide an unparalleled living experience.

Key Features:

Luxurious Residences: Immerse yourself in the epitome of elegance with thoughtfully designed apartments, each meticulously crafted to cater to the most discerning tastes. From cozy 1-bedroom abodes to spacious 3-bedroom penthouses, this property offers a diverse range of living spaces.

State-of-the-Art Security: Embrace cutting-edge technology with a biometric system ensuring the utmost security for residents along with a reliable heating system that provides warm water to enhance the living experience. Peace of mind is paramount in this haven of comfort.

Reliable Power Supply: Never worry about interruptions with a robust backup generator, ensuring a continuous power supply for uninterrupted daily living.

Convenient Parking: Every unit comes with dedicated parking, providing residents with the ultimate convenience and peace of mind.

Elevate Your Lifestyle: Enjoy the convenience of a lift, making every floor easily accessible and ensuring a seamless transition between spaces.

Versatile Office Spaces: Explore numerous office units, a welcoming reception area, a fully-equipped conference room, and boardrooms that cater to diverse business needs.

Bakery Delights: Indulge your senses with the convenience of an on-site bakery, adding a delightful touch to your daily experience.

Hotel Functionality: Currently operating as a hotel, this property presents a massive rental opportunity, making it an ideal investment for astute entrepreneurs seeking a foothold in the thriving hospitality industry.

Investor's Dream: Positioned perfectly for investors keen on leveraging the asset management market, this property promises not just a space but a strategic investment in the heart of growth and prosperity.

Fully Furnished Elegance: Experience turnkey living with fully furnished apartments, complete with washers, dryers, and dishwashers in the penthouses – a testament to the attention to detail and commitment to luxurious living.

But that's not all – this property comes with the added benefit of sectional titles on all apartments, providing a clear and distinct ownership structure. Surrounding this property is Embassies, University of Pretoria & Educational Institutions, Menlyn Maine, Loftus Versveld Stadium, Gautrain station, Highways and much more.

Don't miss out on the chance to own a piece of this thriving investment opportunity. Act now and unlock the potential for substantial returns in the heart of prime real estate!

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
5,464m²
Land Size
5,464m²
Extras
24 Hour Access • Accommodation • Bachelor Studio • Balcony • Bath, Toilet and Basin • Built in Wardrobes • Cooling Fans • Dishwasher Connection • Electric Gate • Fridge • Hotel • Open Plan Kitchen • Laundry • Lifts • Shower, Toilet and Basin • Student Accommodation

Menlo Park, Pretoria

Menlo Park is an upmarket suburb nestled in the eastern quadrant of Pretoria and is bordered by the suburbs Waterkloof, Brooklyn and Lynnwood. Considered one of the most sought-after suburbs in the city, residents of Menlo Park enjoy a good selection of top-notch schools, trendy shopping malls, state-of-the-art-hospitals and interesting attractions. There are two main highways running through Menlo Park that...
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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

848,930.58

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