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R21,950,000

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Monthly Rates
R11,179 Excl. VAT

Prime Mixed-Use Gem in the Heart of Newlands

Discover a rare investment opportunity nestled in the vibrant heart of Newlands, where urban sophistication meets unparalleled convenience. This meticulously crafted mixed-use property offers the perfect blend of luxury living and prime commercial spaces, catering to the diverse needs of tenants and investors alike.

Premier Location: Situated in the prestigious enclave of Newlands, this property enjoys a coveted address with easy access to the city's most coveted amenities and attractions. With General Business 1 zoning, the possibilities are endless, whether you're seeking a dynamic retail space or a trendy residential oasis.

Luxurious Residences: Step into the epitome of modern living with six exquisite one-bedroom apartments and two spacious two-bedroom apartments, each meticulously designed and equipped with top-of-the-line Smeg appliances. From sleek gas hobs to stylish ovens and state-of-the-art refrigerators, every detail has been curated for discerning residents seeking the ultimate in comfort and convenience.

Upscale Retail Spaces: Elevate your business to new heights with three premium retail spaces located on the ground floor, offering maximum visibility and foot traffic. Whether you're launching a boutique cafe, upscale salon, or trendy storefront, these versatile spaces provide the perfect canvas to showcase your brand and captivate customers.

Turnkey Investment: With a fully tenanted commercial property and newly updated residential units, this investment opportunity is a dream come true for savvy investors seeking low-maintenance, high-return assets. Enjoy peace of mind knowing that your property is generating consistent income while offering tenants a desirable lifestyle they'll love coming home to.

Seize the Opportunity: Don't miss your chance to secure your stake in the thriving Newlands community and unlock the potential of this prime mixed-use property. Whether you're an investor looking to diversify your portfolio or a business owner ready to make your mark, this is the opportunity you've been waiting for.

Don't delay, call now to book your exclusive viewing appointment

Features

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0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
600m²
Land Size
621m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Firzt Realty website is accurate and up to date, Firzt Realty 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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

311,754.66

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