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R2,450,000

Great Business Opportunity

Introducing a prime commercial building in Moorreesburg, offering a fantastic investment opportunity.

This spacious property features three distinct spaces, currently occupied by two thriving tenants. The building's current total rental income is an impressive R8,000 per month, with a combined area of 130 square meters. The first tenant, a stylish hair salon spanning 62m². The second tenant occupies a 68m², serving as an accountant's office.

However, the real gem of this property is the spacious 214m² former post office. While it is currently vacant, it still contains furniture and shelves that can be utilized by future tenants. This area offers great potential, with an estimated monthly rental income of R15,500. Furthermore, the post office boasts a built-in walk-in safe, providing additional security for your future tenants.

The building has been well-maintained, with a fresh coat of paint applied just two years ago, and a secure cement roof. The kitchen, complete with built-in cupboards, and two separate toilets (male and female) are practical amenities that enhance the property's appeal.

Both current tenants have a long-standing presence in the building, although they lack formal contracts. New owners will have the flexibility to retain them or provide a three-month notice if required.

With a potential monthly income of approximately R23,500, this commercial building in Moorreesburg represents a lucrative opportunity for investors seeking a reliable and income-generating asset. Don't miss the chance to make this versatile property a cornerstone of your investment portfolio.

Features

0
6
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
344m²
Land Size
577m²
Parking Bays
Open Parking Bays
6
Extras
Air Conditioner • Basin • Burglar Bars • Blinds • Freestanding • Office • On Street Parking • Paveway • Safe • Security Gate • Single Storey • Sliding Doors • Separate Toilet • Storage • Tiled Floors • Toilet • Urinal • Visitors Parking • Street Front
 
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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

34,797.22

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