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R5,300,000

Monthly Rates
R21,149 Excl. VAT

Large Commercial property for sale in Oudtshoorn North

This large Sandstone Commercial Property is strategically located on the Golden mile en-route to the Cango Caves. This is one of Oudtshoorn' s landmark buildings.
Sections of the building are currently utilized as a restaurant and bar, overnight accommodation facility, entertainment area and various retails shops - ample indoor & outdoor space.
There are:
9 retails shops/space
1 Bar with large entertainment area - indoor and outdoor
1 Restaurant with large indoor and outdoor entertainment area and seating 1 Accommodation/Backpackers facility
Large storage area on the second-floor whish can also be converted into retail shops or offices
In total 16 toilets, 14 kitchen/kitchenettes, on-street and off-street parking

This double storey building is tenanted with an excellent annual return with endless opportunities making this an excellent investment.
Long term leases are in place.

VAT is applicable on this transaction and not included in the price.

Features

0
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
1,993m²
Land Size
1,979m²
 
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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

73,759.54

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