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R3,780,000

Monthly Rates
R1,750 Excl. VAT

Business Premises for sale - Lower Main Road, Observatory

211 Lower Main Road, Observatory - fantastic investment: double-storey building situated on the corner of Bishop Road and Lower Main Road in the heart of Observatory. This building consists of the following:

1. Ground floor unit 120m2 - expected rental income R16500 pm (with lovely little courtyard)
2. 1st floor apartment 120m2 - expected rental income R12000 pm (2 bedrooms with study - currently tenanted on a 1 year lease)
3. Parking garage
GLA: 240m2 - Building zoned GB1
(All pricing is exclusive of VAT)

Please feel free to contact me to view or for further information

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
240m²
Land Size
240m²

Observatory, Observatory

Observatory: A Bustling, Diverse and Central Node Observatory, known affectionately as ‘Obz’ by the locals, is considered an arty district. Representing one of the largest residential arts communities in South Africa, this suburb has a rich history and a vibrant, diverse community of people. The suburb's proximity to the University of Cape Town (UCT) and its Medical School in particular,...
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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

50,477.74

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