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Auction: 3rd October at 12h30

Opening Bid: R2 000 000

This double storey property has been established for many years and has been fully tenanted most of the time.

Four of the five shops have long term tenants with renewed leases. The fifth shop is currently empty.

The top floor which is currently unoccupied is of approximately 750sqm and is well laid out. There are several air-conditioning units.

On entering there is a large open plan type office or work area. There is a separate room on right with its own store.

To the right are two separate toilet facilities one with three basins and three toilets and one with four basins and four toilets.

Next, are two further offices. At the end of the room on the right is what could be a training room which has an observation window.

On the left is a large office with a wide window overlooking the work area.

The floor is tiled with white tiles and is in good condition.
The layout would suit a large company needing an open plan area as well as a second large multipurpose room.

As it is, it would also suit an educational facility and the office overlooking the work area would allow for great control.

The position of the building is ideal. Next door is Jacks paint and hardware. Close by is the Alberton Mall with Springbok Pharmacy and Shoprite as the main tenants.

Union Hospital & Macdonald's are within walking distance as are other restaurants.

Auction Details

Address: 71 Helston Road, New Redruth, Alberton
Venue: On-Site
Date: Thursday, 3rd October 2019
Time:12h30

Registration and viewing 1hr prior to auction

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
750m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Firzt Realty Company website is accurate and up to date, Firzt Realty Company makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

13,215,073.67

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